Russia/CIS market is one of the world’s leading in terms of box office, D-Cinema roll-out and new multiplex construction growth.
Russian/CIS box office growth in recent years has been nothing but phenomenal: for the fourth consecutive year total gross is well over 1 billion USD (1,4 in 2013), which kept Russia advancing in world’s top 10 largest cinema markets.
The new multiplex annual growth rate is very encouraging, with almost 500 new screens opened in Russia in 2013! There are over 3500 modern screens in operation in Russia alone, not counting CIS countries, where new multiplex growth rate is even higher.
But it is the D-Cinema roll-out, which is the most exciting fact about Russian film exhibition. Over 85% of all modern screens in Russia are now digital/3D. There were only about 350 D-Cinema screens in the beginning of 2010!
Russian/CIS film exhibition continues D-Cinema/3D roll-out in 2014 and ahead.
In September 2011, due to lobbying efforts by KinoAlliance, the Russian cinema exhibitors’ association, the 15% customs duty on D-Cinema projectors was reduced to 0%, effective in the countries of Eurasian Economic Commonwealth – Russian Federation, Kazakhstan and Belarus. This makes it easier for cinemas to finalize D-Cinema roll-out.
This year, digitization of the existing Russian modern cinemas will be finalized. The new cinemas, which were opened recently, are digital from the start.
There is huge potential for continuing D-Cinema roll-out in Russia/CIS.
Thousands of older municipal cinemas are still to be renovated. As distribution of film prints is almost over, hundreds of these cinemas are now renovating and switching to digital.
Hundreds of new screens in the new multiplexes will be put in operation across Russia and CIS countries in the coming months.
KINO EXPO is your gateway to Russia/CIS – one of the most dynamic cinema markets worldwide.