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Movie Ticket Prices Hike: What Industry gains?
By: Tupaki Desk | 5 Jan 2018 6:42 AM GMTA crucial court judgement regarding the movie ticket fares in Telugu States arrived Today. Theatre Owners have been given the powers to fix the price of the tickets. Which means, The prices of movie tickets would vary from one theatre to the other.
The above ruling might benefit few Theatre Owners to some extent but the possibility of causing damage to the Industry can't be ruled out. If the price gets hiked too much, Then the number of people thronging theaters would fall drastically. This eventually leads to more piracy as the middle class and poor can't afford such high prices.
Using the technology, Pirates have been uploading the new releases within hours after the release. Lakhs of people have been able to watch movies in their computers and mobile on Day 1 itself. If the prices of tickets increase, More number of people would prefer watching piracy prints.
These days, Most of the films are unable to collect decent shares after 10th Day. If tickets prices increase abnormally, Number of productive days will fall to first week or first weekend.
The above ruling might benefit few Theatre Owners to some extent but the possibility of causing damage to the Industry can't be ruled out. If the price gets hiked too much, Then the number of people thronging theaters would fall drastically. This eventually leads to more piracy as the middle class and poor can't afford such high prices.
Using the technology, Pirates have been uploading the new releases within hours after the release. Lakhs of people have been able to watch movies in their computers and mobile on Day 1 itself. If the prices of tickets increase, More number of people would prefer watching piracy prints.
These days, Most of the films are unable to collect decent shares after 10th Day. If tickets prices increase abnormally, Number of productive days will fall to first week or first weekend.