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Movie Ticket prices set to be hiked soon

TFI

The prices of movie tickets are set to be hiked very soon. The Government has reportedly passed an order to increase the maximum price of movie tickets at multiplexes to Rs 200 and the balcony rates, at single screen theatres, to Rs 75 in all major cities and municipalities across the state. For the past couple of years, a section of people in the industry had been lobbying hard to increase the ticket prices for various reasons but there was another section in the industry which didn’t want the movie ticket prices to be hiked as that would be a huge blow to small films.

As per the new rule, a big budget film, which is going to release with massive hype, has great chances of minting money at box-office within the first two weeks; however, there is a big question whether people would pay Rs 200 for a small film or a film which hasn’t been promoted well. Moreover, small films vying for attention, especially at multiplexes, are expected to be the most affected. On the other hand, the threat of piracy is looming large and it remains to be seen how the situation changes once the new rule comes into affect. Among the major cities in India, Chennai and Hyderabad have some of the lowest ticket prices. With ticket prices set to be become costlier in Hyderabad, will it have a deep impact on the life span of a film at box-office? Tell us your opinion folks.

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