Audio By Carbonatix
Movie retailers at Opera Square in Accra are up in arms against film producers for increasing the price on their movies (Compact Disks).
The decision to increase the price of the movies by 10 Ghana peswas, was taken at a meeting by film producers, marketers and distributors Friday in Accra, as a cost cutting measure for the producers who said their production cost has gone up.
According to a source who was at the meeting, the CD producers who used to offer them on credit have now implemented a cash and carry policy which they say was not favourable to them - the producers.
The producers also lamented that the cost of producing movies in general has also increased. “The cost of paying actors and actresses has increased; even the price of pure water has increased,” the source cried out.
The source told Myjoyonline.com Monday that the retailers are angry that the decision was taken without their consent and that, the timing was also bad.
The retailers are therefore calling for a meeting on the increment and possibly a change in the implementation date to next year.
They argued that their profit margins on the movies are not high and any increment will rather worsen their plight, and have therefore called on the producers to retain the old prices.
Information on the increment disrupted business activities Monday at Opera Square which is the hub of movie retails in the country.
Friday’s meeting by FIPAG also discussed an anti-piracy operation strategy that will see the introduction of anti-piracy stickers to help curb piracy.
Story by Ernest Dela Aglanu/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Emma Ankrah: Between quiet questions and the will to continue
16 seconds -
Ghana’s economy shows strong recovery after “inherited crisis” – Ato Forson tells Parliament
2 minutes -
No further IMF financial bailout will be required in the foreseeable future – Finance Minister
3 minutes -
Learning from Ukraine, Hezbollah is now using fibre-optic drones to hit Israel
4 minutes -
Teenager arrested at Senya Beraku for alleged defilement of 15-year-old girl
4 minutes -
Ghana has moved from IMF ‘supplicant’ to partner – Ato Forson declares as economy surges past $100 Billion
6 minutes -
“Ghana has moved from ICU to wellness center” — Finance Minister declares economic recovery
28 minutes -
Ato Forson highlights “turning point” in economic recovery strategy
31 minutes -
NACSA Seminar: Gender Minister demands an increased role for women to end gun violence
37 minutes -
Full text: Statement on Ghana’s new engagement with IMF
43 minutes -
US trade mission to visit Ghana
1 hour -
Tempane: Three suspects arrested over deadly Worinyanga attacksÂ
1 hour -
EU fines Temu €200m for allowing sale of illegal products
1 hour -
Portugal breaks hottest May day record as Europe swelters in heatwave
1 hour -
KetaFC celebrates “vindication” after Volta RFA Middle League controversy
1 hour