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Theatres In Tamil Nadu Will Be Closed From Today
Updated on : 03 July 2017

Theatres in Tamil Nadu will be closed from Monday onward until further notice.





GST has made lots of issues over Merchants even though its going to be good in future which is implemented by Central Govt. 





Today all theatres owners had meeting (District wise) and decided to stop shows from Monday onward.





Sunday night show will be last show and from Monday onward there wont be any shows until further notice.





Since theatre owners already sharing TAX and Distributor shares, take home budget is very low comparing to other states since TICKET rate is very LOW in Tamil Nadu.





If GST implements, increased % of TAX and from rest of money theatres owner will get 30% approx from distributor will lead them running LOSS business were they need to update latest sound system, interior designs, UHD screens, 4K projectors, luxury Seats with FULL AC.





All these facilities cannot be given to customers with current earnings from theatre revenue.

 

 

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