Telugu Film Producers Council has taken a key decision on Tuesday in view of rising concerns for theatrical business. To ensure higher foot falls for all upcoming cinemas, Producers have decided to maintain a gap of atleast 10 weeks between theatrical release and OTT release. However, small budget movies (less than 6 Cr) can take OTT path in 4 weeks after theatrical release.
The producers, distributors and exhibitors who gathered for this meeting have decided that VPF (Virtual Print Fee) has be paid by exhibitors. Other important decisions taken in the meeting are growing production costs, Fighters Union and Federation Issues, Artists and Technicians issues, Managers' role et al.
To keep the ticket prices affordable to middle class people, Telangana Film Chamber has proposed new fares from 1st August. For all small budget movies, it is going to be 70 and 100 (incl GST) in C centers and Rs 125 for a multiplex ticket. Medium budget movies can have 100+GST and 100/- in C-centres. It is finalized as 150/- (plus GST) as Multiplex fare.