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52  << Industrial Identity in an Era of Reform

        His colleague, having noticed the quizzical looks that Rolly and Chowd-
        hary are exchanging, explains: “You see, in Hollywood the script is referred
        to as property.” Rolly’s response—“out here, only property is referred to as
        property”—invites a smirk and another patronizing remark from the young
        executive: “You see, there content is king. We want to bring that culture to
        your industry. There needs to be a change in your mind-set.” Unfazed, Rolly
        immediately responds that “change is indeed taking place” and that they had
        signed John Abraham and Bipasha Basu not only because they were promi-
        nent stars but more importantly, because the “script demanded it.”
           A few months later, with his own production in disarray owing to the
        hero (Zaffar Khan) of the film pulling out and other actors unwilling to
        work with him, Rolly finds himself back in a meeting with the corporate
        executives. “You had said ‘content is king,’ ‘script is property,’ ‘you want
        to change the culture of this industry.’ And now you ask me ‘first tell me
        who is the hero!’” With the executives refusing to finance his film without a
        major star in place and deciding to back his brother-in-law’s project instead,
        we then see a forlorn Rolly having tea with the heroine’s mother and her
        friend, Dinyar Sadri, a shipping merchant with no ties to the film indus-
        try. As it transpires, Sadri is willing to finance the entire film on the condi-
        tion that once the agreement was signed, he would have nothing to do with
        the project. A visibly overjoyed Rolly then turns to the heroine’s mother to
        address her concerns about casting a new actor at short notice. “New face,”
        he declares with a flourish. “I have been thinking about this, and I now real-
        ize that Zaffar’s exit was a blessing in disguise. This role demands a new
        face!” The newcomer from New Delhi gets the role, and the film goes on to
        become a superhit. Luck by chance.
           Watching Luck by Chance in a Reliance Entertainment-owned multiplex
        in a suburb of Detroit, Michigan, a few weeks before traveling to Bombay
        to attend the FICCI-FRAMES 2009 convention, I had wondered about how
        the celebration of a decade of corporatization and globalization would be
        staged. As it turned out, the contradictions and disjunctures between the
        rhetoric and practice of corporatization, the ambivalence that a producer like
        Rommy Rolly expressed regarding ongoing changes, the persistence of estab-
        lished modes of filmmaking and anonymous (benami) financing, and the
        topsy-turvy culture of production in Bollywood that Luck by Chance alluded
        to were on display for all see at the convention. In this chapter, I draw on my
        experiences and observations at the FRAMES 2009 convention to examine
        how a decade of industrial change was staged. In particular, I consider the
        ellipsis in the title of the report that the consultancy firm KPMG released
        during the inaugural session of the convention—In the Interval . . . But Ready
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