TN Multiplexes Heave a Sigh of Relief
As widely expected, MK has exempted multiplexes from the Rs. 50 upper limit for movie tickets and has fixed a cap of Rs. 95 – 120 for multiplexes meeting certain criteria.
Multiplexes with three or more theatres, having additional entertainment features, food counter and airconditioning could charge Rs. 120 (maximum) and Rs. 10 (minimum) per ticket. Multiplexes meeting specified norms could charge a maximum of Rs. 95 and a minimum of Rs. 10.
Those with two or more air-conditioned halls, a total seating capacity of 800, a generator with 100 per cent power back-up, digital projection and sound system and any five additional specified features could charge a maximum of Rs. 85 and minimum of Rs. 10.[Link]
I still feel that MK should not have poked his nose in this whole affair. By fixing Rs. 10 as the cap on the cheapest ticket, MK is indirectly pushing the multiplexes to charge higher for premium tickets so that they can cross-subsidize the two categories.