This year has been a mixed bag so far for the Indian music industry, which
relies heavily on Bollywood movie soundtracks to keep the cash registers
ringing.

Among the success stories was the soundtrack release of music composer and
actor Himesh Reshammiya's much-awaited *Karzzz*, ahead of the film's
box-office release on October 16. The music has received a bumper response
all over, including in the GCC territories, with the UAE leading sales.

*Karzzz's* run adds to the recent success of soundtracks from the films
Jannat, Jaane *Tu ya Jaane Na, Singh Is Kinng, Bachna Ae Haseeno* and *Rock
On*, which has given some impetus to the sluggish Bollywood music business
so far this year.

The year 2008 started on a slow note with only A R Rahman's Jodha Akbar
managing to cross sales of more than one million units, until Race took the
music charts by storm thanks to composer Pritam's vibrant score.
The second half of 2008 rocked the music industry with the soundtracks of
three films – *Jaane Tu Ya Jaane Na*, *Singh Is Kinng *and* Bachna Ae
Haseeno *– each achieving individual sales of more than 1.5m units.
With no major remix or private album recently that has rocked the musical
charts, music store owners had to be content with sporadic successful
compilations of Bollywood hits such as Let's Rock The Party, Lambhi Judai
and Pappu Can't Dance.
*'Piracy is the biggest threat to Indian film music'

*One regional company has benefited most from this year's slew of successful
Bollywood soundtracks, including this month's hit, *Karzzz*.

Viva Entertainment, the region's largest player in the segment, has cornered
the market on Indian music here in the GCC, and holds exclusive licences for
Saregama, T-Series, Tips, Venus, Times Music, Big Music, and Yashraj Films.
Together, these labels account for 90 per cent of the Bollywood music
market. *Emirates Business* caught up with Sanjay Khettry, Head of Indian
Music Division at Viva Entertainment, to take a closer look at regional
trends for this cash-rich genre.

*How has Bollywood music performed so far this year vis-à-vis last year, and
which are the best sellers in this region?
*
Bollywood music sales haven't been good this year. The year-to-date sales
have not matched last year's numbers in the corresponding period – thanks to
heavy internet downloading, and other forms of piracy. Having said that, we
haven't had as many runaway hits this year, except titles such as Race,
Singh Is Kinng and Jaane Tu Ya Jaane Naa. Though Rock On and Kismat
Connection have continued selling, the numbers haven't been dramatically
high.

*What percentage of your music portfolio do Bollywood soundtracks account
for?
*
Mainstream soundtracks still contribute to the bulk business; the main
reason being the unavailability of compilations consisting of only hit
tracks. Due to contractual and other copyright issues, not many compilations
are available in the market. Soundtracks contribute significantly in the
expatriate Indian or NRI segment.

*So how does market share break down over the GCC?
*
The market is almost equally split between the UAE and the rest of the GCC
countries.

*Since you handle multiple labels, is there a chance of conflict of interest
in your business?
*
In the entertainment industry, piracy is the only threat or competition,
however you choose to describe it. For sellers, every product is unique
purely by virtue of its own content and sells on its own merit; hence there
is no competition or conflict of interest.

*So how has piracy affected your sales and what is being done to curb it?
*
Piracy is the greatest curse on our industry, which has resulted in a steady
decline in volumes. Street piracy can be and is being contained with
effective raids conducted by the authorities, but internet downloads are the
biggest culprit. Unfortunately, it is not possible to stop the downloading
of music.

*What major film soundtrack releases can we expect from your company by the
end of 2008?

*Going forward, we are looking at launching RoadsSide Romeo (Yashraj Music),
Fashion (T-Series), Yuvraj (T-Series), Rab Ne Bana De Jodi (Yashraj Music)
and Ghajini (T-Series) in the next few months. I believe these soundtracks
will top the charts.

http://www.business24-7.ae/articles/2008/10/pages/10042008_08f19b782a9641e9a8c81af6ca021fb8.aspx

regards,
Vithur

ARR in my Heart;
His Music in my Blood;

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