The state government has announced the new ticket prices for multiplexes and single screen theatres which will come to effect today. Multiplexes in Chennai will charge a maximum of 160 (120-Non-AC) and a minimum of 50 (40-Non AC) while multiplexes outside Chennai will charge maximum of 140 (100-Non-AC) and a minimum of 50 (30-Non AC)
These prices reflect GST and Local Entertainment Tax component also. The Tami Nadu Producers council has been on strike from October 6 protesting against the additional 10% local Entertainment tax. There havebeen no new releases.
A crucial meeting has been scheduled were the price hike and the taxes will be discussed. It is generally believed that the high ticket prices will further hit the film industry.