SRK sees end of the road for big production houses, bats for crowd-funded content

Hindi film actor Shah Rukh Khan has urged Maharashtra to set up a digital hub that would help the media and entertainment industry collaborate and aggregate content seamlessly.
Khan said that with ease of access to media on mobile phones and the increasing focus on regional content, it is important to have people who can collaborate and aggregate all the content that are being created.
“In the next five years, content is going to be created by lots of people and not just the doyens of content creation,” the popular actor said.
According to him, Maharashtra should give a platform to aggregate and collaborate all the content and if done so “[the industry] should just be service providers” of all kind of content that people are putting out in different languages. “Maharashtra should decide if it wants to retain the ownership of being the hub of media or Bollywood,” the actor said while addressing the last day of the three-day investor summit.
Noting that content consumption in the digital world is not restricted by appointment viewing, he said that the media and entertainment business would be more consumer driven.
Khan said that with options like crowd-funding, big production might not be required in the future. “Already you have people making television and web series through crowd-funding. All of this is going to decentralise the control of content creation,” he added.
Khan concluded saying the state should help people become collaborated content providers rather than business creators.