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MULTIPLEX TICKET COSTS
BMC entertainment tax proposal likely to marginally increase ticket prices by Rs 5-10Mumbai movie tickets could become Rs 5-10 more expensive if the BMC raises its per-show entertainment tax from Rs 60 to Rs 400. Exhibitors ...- Mumbai movie tickets may get costlier: BMC proposes 500% hike in theatre tax on cinema hallsMumbai theatre tax news: Brihanmumbai Municipal Corporation has proposed a substantial increase in theatre tax for cinema halls and enterta...
- MCPCA: Make cinema popcorn cheap againIndia’s multiplexes could make cinema-going more appealing by rethinking their steep food and beverage prices, particularly the much-mocked...
- Awarapan 2 box office collection: Emraan Hashmi film crosses Rs 130 crore worldwide in four days, becomes his highest-grossing solo movieAwarapan 2 has soared to impressive heights, amassing a total of Rs 130 crore at the global box office. In just four days, this film has be...
- PVR INOX bets on smaller multiplexes as single-screens declinePVR INOX plans to add one thousand screens over five years. The company is focusing on smaller cities and affordable multiplex formats. Thi...
- PVR Inox bets on ₹175 tickets to win small-town IndiaPVR Inox plans to launch 300 affordable cinemas in smaller towns. Tickets will be priced under two dollars to attract new audiences. This e...
- The Odyssey ticket prices stay high in India after one week of release. How much are fans paying for Christopher Nolan's movie in Delhi, Bengaluru, Mumbai, and Hyderabad?Christopher Nolan's The Odyssey continues its strong box office run in India. Premium ticket prices for IMAX and recliner seats remain larg...
- Cinemas concerned over Karnataka price-cap proposal, fear other states may follow suitPVR INOX chief Pramod Arora warned that enforcing such a cap could negatively impact the state's tax revenue. "If this rule is implemented ...
- If tax on popcorn is a worry, try munching them in a movie hall. Thankfully, things may changeThe Indian government increased GST on caramel popcorn from 5% to 18%. This sparked discussions about the high cost of snacks in multiplexe...
- Movie theatres cut down shows as films fare poorlyAccording to various estimates of trade analysts, multiplexes having five to six auditoriums are restricting shows to two or three, while s...
- Higher F&B revenue of little help to multiplexes if movies fail to impressThe share of food and beverage (F&B) revenue in the total revenue generated by key multiplexes has been increasing amid falling footfalls a...
- Small towns to drive multiplex companies' growthIn tier-II and tier-III cities, multiplexes may introduce ticket pricing in the range of ₹50-150. Analysts expect 15-20% incremental box of...
- Third wave to push revenue recovery for multiplexes by five months, says new reportHowever, once the restrictions are lifted, the pace of recovery is expected to be sharp -- as was witnessed after the second wave -- and sh...
- ‘Pricey popcorn at the movies ensures ticket prices don’t pop’Multiplexes say they rely on concession stands to make their businesses sustainable.
- Any price curbs on popcorn bad news for multiplex companiesRevenues from the F&B segment for multiplex leader PVR for FY17 stood at Rs 580 crore.
- PVR, Inox’s GST blow to be offset by lower levy in key statesUnder GST, movie tickets will be taxed lower at 28%, while F&B will attract a higher tax of 21%.
- We are not up for sale: Siddharth Jain, Inox LeisureSiddharth Jain, director, Inox Leisure, also exhorted governments to reduce electricity and real estate prices before capping ticket prices.
- Pak's first multiplex theatre to begin operations on EidThe five-screen Cinepax multiplex was designed by Canadian architects in accordance with global standards and will be a far cry from the ag...
- Movie tickets may now cost moreYour movie ticket is likely to get even more expensive.
- No more long queues to catch latest flickMultiplexes are devising new ways to reserve tickets, including ATM-like Kiosks & PDAs.
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