MOSCOW, October 27Russian cinemas can close the year with total box office receipts of 35 billion rubles; compared to last year, the growth of Russian cinema has increased by 53 percent, said the head of the Association of Cinema Owners Alexey Voronkov.
«This year, I think, the year will close at 35 billion in total box office receipts, of which up to 75 percent will be Russian cinema. That is, the growth of Russian cinema is 2.5 times, this is a victory for Russian cinema, this is very good indicator,» Voronkov said at the Media Business conference.
According to him, compared to last year, when large Western film studios and distributors left the Russian Federation, the share of Russian cinema increased by 53 percent.
«This is a colossal increase that has never happened. But if we try to compare this year’s collections with 2019, which was considered good, we are still down by 36 percent. Everything is no longer as bad as in that year,” Voronkov explained.
He also said that by the New Year, movie prices will increase by 20-25 percent.