Year on Year each New Year brings us hope and cheer of something new and good. Hey Guys and Gals, don’t worry, the critics may scare you with recession time in US of A. But Bollywood will be zooming full throttle in 2008.

As the year 2007 ends, desifans.com presents the Bollywood Box Office report for 2007. With a bounty of Rs 76 crore and counting, Om Shanti Om has smashed all box office records. Comedies ruled the box office this year with Akshay Kumar delivering 3 major blockbuster hits (and we are yet to add Welcome to this).

About a week before Diwali, I had an argument with my boss. His line of reasoning- a man who’s made movies like Black and Devdas ought to know his business. Apparently not! The box office has announced its verdict. On Shanti Om has made 7+ crores in its first week in Mumbai alone, while Saawariya, which promised eternity to begin with, is now a slowly fading blur on the horizon.

Salman Khan has topped the poll that was to decide who from Bollywood should be featured at the Madame Tussauds Studio, next. It has been decided that Salman Khan will be immortalized in wax by early 2008!

Shah Rukh Khan is back, soon after Chak De India’s tremendous success. This time it is in close friend, Farah Khan’s second venture as a director—Om Shanti Om, a tale based on love and reincarnation. The film also introduces Deepika Padukone, a model-turned-actress. Deepika is the daughter of yesteryear’s Badminton champ, Prakash Padukone.

One of 2007’s most awaited releases for many reasons, Saawariya, directed by Sanjay Leela Bhansali, is the first Bollywood flick produced (partly) by a Hollywood studio. Get ready for this season’s most romantic flick that has the quintessential Bhansali touch—larger-than-life sets, soul-stirring music, turbulent emotions and an amazing star cast.

Two kind of movies work in Bollywood. Big star big producer movies and multi star comedies. Either you get a Yash Chopra Shahrukh Khan movie or a Akshay Kumar - Akshaye Khanna - Anil Kapoor - Arbaz Khan comedy.

In a new development, the producers of Hollywood superhit Hitch, Overbrook Entertainment and Sony Pictures, are reportedly considering a multi-million dollar suit. And this is against the producers of Govinda-Salman starrer Partner.