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Minister calls for movie price inquiry



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TREASURER

PRESS RELEASE NO. rss'

EMBARGO

1/ 9/92

MINISTER CALLS FOR MOVIE PRICE INQUIRY

The Minister Assisting the Treasurer, Peter Baldwin, has asked the Prices Surveillance Authority to look into movie price-fixing practices following reports of prohibitive price conditions being set down for the

screening of Lethal Weapon 111.

Mr Baldwin was responding to claims by independent cinema operators that the conditions for screening Lethal Weapon III would "sound the death knell for independent cinemas".

The independent operators claim that the percentage of profits required by the film's distributors, Village Roadshow, will mean that ticket prices will have to be double the usual price for some sessions.

"If this is the case then it seems extremely unfair that a film distributor can dictate such onerous conditions," Mr Baldwin said.

"Cinema operators will have to recoup their costs by charging movie goers more for their tickets.

"I have asked the Prices Surveillance Authority to look at this case with a view to holding a formal inquiry into the matter.

Contact: Sarah Taylor Minister Baldwin's office (06) 277 7540

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