The union budget for 2023 is currently being revealed as you read this, and the entertainment industry, which has been mostly ignored by the union budget for many years, is anticipating big things from this one. Whatever the union budget 2023 has in store for the entertainment industry, director Kabir Khan has some advice for filmmakers on how to keep production costs low.
The industry anticipates uniform ticket prices across all theatre types since this will entice more moviegoers to the theatres. If ticket prices were lower, OTT platforms would be used less frequently. OTT platforms experienced a rise in traffic during the pandemic, which led to higher subscription prices. However, Netflix cut its price last year, and it is anticipated that other streaming services would do the same. The tax on entertainment should be minimal, just like the tax on movie creation should be reduced. Additionally, tax rates for regional producing companies should be lowered.
Director Kabir Khan on the Union Budget 2023:
Kabir Khan, the director of high-profile films like Ek Tha Tiger, Bajrangi Bhaijaan, 83, and Tubelight, has made suggestions regarding ways to reduce the cost of making movies. Everyone is aware that the theatrical pie is getting smaller after the pandemic era, he claimed. Everyone is now cautious with their money, and any expenditures should be recorded on displays. He made the point that occasionally movie budgets go toward things that aren’t even shown, thus such things should be avoided.
Kabir continued by giving an example of how to make a movie on a tight budget. He claimed that the squad should be reduced to 100 because outdoor shoots can require 150 crew members. Not everyone needs to travel in business class or stay in pricey accommodations. All of these details are not apparent on the screen, therefore manufacturers should be mindful of waste rather than adjusting 20 vanities to fit 10 instead. He also advised directors to settle for a 180-degree set rather than insisting on a 360-degree set. Kabir asserts that while the industry has previously made adjustments for these factors, careful planning is still necessary.
