Economic TimesLean R·
Mumbai movie ticket prices may soon go up
The recent Brihanmumbai Municipal Corporation (BMC) proposal to raise the tax on films per show is likely to marginally increase ticket prices in the Maximum City, as the new entertainment levy impacts revenues shared between exhibitors and distributors.Mumbai, which has high penetration of multiplexes and single-screens and has significantly higher Average Ticket Price (ATP) relative to the national mean, contributes 20-25% to India’s gross box office collections.Recently, the BMC proposed to …
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