The honourable High Court of the Telugu states has permitted the cinema theatres to hike the ticket prices with immediate effect. For nearly a decade, the tickets prices remained unchanged and finally the court granted the permision. Hike in ticket price means, watching a film would become expensive but this is a huge relief for the producers.
Earlier the government of Telangana state issued an GO to increase the ticket prices considering the implementation of GST. However, the government took back the decision due to unknown reasons. With the High Court’s decision, the box office collections of new films releasing for Sankranthi are likely to post good numbers.