Kamal Haasan calls for corporate investors in film industry

Kamal Haasan participated in a panel discussion held in Sheraton Park Hotel and Towers in Chennai yesterday to exchange ideas with the city’s business and diplomatic elite. He said, “We need corporate investors who are bold by nature. Only 30 per cent of the films made in a year succeed. But the remaining 70 per cent films are still required to keep the cinematic machinery functioning.”

Even in the Lit for Life festival held four months back, Hariharan of LV Prasad Film Academy stressed the importance of corporate giants like Tata Consultancy Services, Infosys and others to invest in film production like how Sony Pictures, AT & T are doing in Hollywood. “There is a rule in Tamil Nadu Film Producers’ Council that no corporate entities should are allowed to produce films here. This kind of protectionist attitude should go,” said Ulaganayagan promptly. How many of you know that such a rule exists in Tamil Nadu?