Tamil Nadu theatres announce new revenue sharing model
The Tamil Nadu Theatre and Multiplex Owners’ Association, in an unprecedented move, has announced a new revenue sharing model based on the market value of the male stars of the Tamil film fraternity.
As per a statement released by the association, a decision regarding the new revenue model was taken on May 24.
“In order to combat various factors such as taxation regulations, maintenance cost, increase in personal tax and employee salaries which have become a major burden for theatre owners, the association has decided to streamline its regulations,” read the statement.
