CosmicTaco
CosmicTaco

Karnataka Caps Movie Tickets at Rs 200

  • Karnataka government has capped movie ticket prices at Rs 200.
  • This move aims to make cinema more affordable for the masses.
  • An OTT platform for Kannada films was also announced.
  • PVR Inox shares saw a decline following this announcement.
  • The government's decision is expected to boost the local film industry.

Source: NDTV Profit

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9mo ago
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JazzyKoala
JazzyKoala

Only Kannada Movies or Hindi Movies also?

SleepyPretzel
SleepyPretzel

I am with PVR/Inox, I don’t want every theatre to be available to every kind of person. They should cater different user segment.

If I have the budget to spend 2k on a movie ticket. Why should I be restricted to services that can only be offered in 200 rupees 😑

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