Wednesday, 24 April 2013

The Song that Ushered in the Era of Classical Music in Bollywood


Classical Music is what gave Bollywood music its sustainability, popularity and greatness. It reached its zenith in the fifties, and continued till the early eighties even as composers experimented with various styles, fusions and orchestration and thereby innovated and developed new genres on its rich base. Interestingly, the song that can be credited as having this Era of Classical Music was sung by one, who never formally received a training in classical music ….

Origin of Songs & Music in Bollywood
Sound came to Bollywood in 1931 with Alam Ara. What followed soon after was a flood of songs and music. While Alam Ara had only seven songs, Shirheen Farhad, which was released a little later, had 42 of them. The cake, however, needs to go to Indra Sabha, which has 69 songs. The age of the musical arrived in Bollywood along with sound, and has stayed put ever since.

Sunday, 21 April 2013

Music is the Most Characteristic Feature of Hundred Years of Bollywood

As Bollywood completes hundred years of its existence this year, it is time to look back and see what brought the greatest character to this century long journey of evolution and success. Without a single doubt, it is the music of Bollywood that stands out as its single most important characterizing feature…

Foreigners often wonder why Indian movies have so many songs. For many, not used to the perennial musicals of Bollywood, music may appear to be an unnecessary obstacle to the flow of the story. To them, it is unfathomable, as to how, on the verge of the climax of a plot, out of the blue, the characters suddenly begin to sing their hearts out. Thank god, the Indian audiences knew better, for otherwise, the humanity would have been deprived of one of its biggest treasures. A treasure, so precious that it can be used to defined the word “invaluable”…. that is Bollywood music.

Friday, 19 April 2013

With Zero Marginal Cost, Broadcasted Music becomes a Public Good !

Music is a very important commodity in our lives, particularly for those who love and live by music. Few however, have attempted to understand the economics of music. While people do bother about the corporate profitability of the companies that sponsor musical copyrights, not many are interests in analyzing the role of music as a public good, with its zero marginal cost on being broadcasted…
That music of Bollywood is a treasure can never be in doubt. What is of greater importance is the fact that when such music is broadcasted across the world on short wave and medium wave radio channels, it almost takes the form of a public good !

Economists describe certain goods as "public goods". These are goods with two characteristic features. First, they are not rivaled, meaning thereby that consumption of the public good by one person does not restrict the consumption of the same unit of public good by another. Second, they are not excludable, meaning thereby that no one can be excluded from enjoying them.