Movie ticket prices likely to go up
Hyderabad: Movie ticket prices are likely to cost more. If the film producers have their way, the prices are likely to be increased from the existing Rs 50 to Rs 70 in independent theatres. The state government is learnt to be inclined towards the proposal made by the film producers but is mulling over putting a rider to protect the interests of small producers.
At a meeting chaired by information and public relations, cinematography minister DK Aruna here yesterdy, several stakeholders from the Telugu film industry including producers and directors have put forward their concerns over the proposal made by a group of producers recently.
It might be recalled that some producers wanted the government to increase the price of movie tickets for the initial weeks after the release of big-budget films as the film production costs are going up. However, the small producers have been opposing it stating that it will cause the death of small-budget films citing that audience are not willing to spend such large amounts, particularly in case of small-budget films.
The minister told the film industry representatives that the government will arrive at a logical conclusion after consulting all stakeholders. It is learnt that a proposal was made to limit the price hike to only big-budget films being released with large number of prints, while small-budget films with less than 60-70 prints will be exempted from the hike. Andhra Pradesh Film, Theatre and Television Development Corporation managing director D Parthasaradhi was present.
The meeting was attended by Andhra Pradesh Film Chamber of Commerce president A Ramasubba Reddy, Telugu Film Producers Council president M Shyamprasad Reddy, Telangana Film Chamber of Commerce president Vijayender Reddy, small producers representative Natti Kumar, director and producer Tammareddy Bharadwaj, producers Dil Raju, Swapna Dutt, B Madhusudan Reddy and other representatives of the film industry.
News Posted: 22 March, 2011
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