Search
+
    SEARCHED FOR:

    FILM TICKET AFFORDABILITY

    Film business sees little relief; Some spot an upside

    The reduction of GST on film tickets priced up to ₹100 to 5% offers limited relief to audiences and the exhibition industry, struggling with low footfall and competition. While the Multiplex Association of India had requested a 5% tax slab for tickets up to ₹300, the new GST regime doesn't address this.

    Pay more for IPL matches; movie tickets under ₹100 get cheaper

    The GST Council has raised tax on sporting events like IPL to 40% while easing levies on cinema tickets under ₹100, now taxed at 5%. Higher-priced movie tickets remain at 18%. The move balances revenue from marquee sports with relief for small-ticket entertainment, despite industry calls for broader cuts.

    Bollywood filmmaker died with only Rs 30 in his pocket. His daughter directed 3 Shah Rukh Khan blockbusters, one of which made Rs 400 crore

    Farah Khan and Sajid Khan, now Bollywood successes, faced immense hardship after their father, Kamran Khan's, film career collapsed, plunging them into poverty. Forced to work as teenagers to repay debts, Farah found solace in cinema, later becoming a renowned choreographer and director. Sajid, known for the 'Housefull' series, entertained to survive.

    Picture abhi baaki hai…! Karnataka’s ticket price cap is multiplexes’ latest plot twist

    Karnataka considers capping movie ticket prices at Rs 200. This move impacts multiplexes like PVR-Inox. Theatres rely on ticket revenue, food sales, and ads. Lower ticket prices may affect premium formats. Streaming platforms pose a threat. The industry might need to adjust its business model. Theatres may focus on food sales. Other states might follow suit.

    PVR-Inox on edge as Karnataka caps movie ticket prices at Rs 200

    The Karnataka government's proposed Rs 200 cap on movie ticket prices across all theaters, including multiplexes, is poised to significantly impact PVR-Inox, potentially reducing their revenue and EBITDA. This move, intended to make cinema more accessible, faces industry opposition, with exhibitors likely to challenge the cap in court, arguing that premium formats warrant flexible pricing, as content quality drives footfalls.

    Real challenge facing the multiplexes today isn’t pricing, but consumers' time: PVR Inox's Sanjeev Bijli

    PVR Inox focuses on capturing consumer time amid growing entertainment options. Sanjeev Bijli highlights regional expansion and experience-led engagement. The company plans to open 100 new screens in FY26, with 40% in South India. Investment of Rs 300 crore is planned for new properties and upgrades. PVR Inox emphasizes quality experience and marketing efforts to drive footfalls.

    The Economic Times
    BACK TO TOP