WASHINGTON DIARY: The film factor
by: Dr Manzur Ejaz, USA
Courtesy: Wichaar.com, July 7th, 2009
A reinvigorated film industry will not only provide jobs to hundreds of thousands of people, it will also be a major source of foreign exchange earnings because of the large expatriate community living in Europe and North America. Most of the time the entertainment industry, particularly films, are early indicators of future economic and political scenarios. From Hollywood and Bollywood to poor Lollywood, all film industries give very good indications of things to come. Lollywood’s annihilation and Bollywood’s expansion tell the story of two competing countries.