The Russian box office is predicted to fall to $650m over 2009 compared to $830m last year. The dramatic fall is attributed to the drop in the number of new releases and a lack of Government support.
It comes as Russian distributors report a difficult start to the year with gross down by 16.33% year-on-year $319.95 m for the six months from December 1.
According to Russian Film Business Today, admissions have also fallen over the same period last year with a 5.9% dip to 62,802,067 people despite cinema ticket prices coming down by 16% from $6.7 to $5.1.
The local market saw 145 films released over the six month period, with just 58 grossing more than $1m. This compares to 186 films in the first six months of 2008, with 77 taking more than $1m. The decline is attributed to the recession that has hit the Russian film industry.
The country’s leading distributor for the year to date is Caro Premier/Caro Prokat, which has earned $81.83m and taken a 25.6% slice of the box office pie. Its sci-fi adapation of the Strugasky brothers’ 1969 novel, Inhabited Island Part One earned $21.8m during January’s high season.
Central Partnership/CP Classic is a close second 24.71% of the total box office with $70.1. Its highest grossing release is the epic drama Taras Bulba, an adaptation of the Nikolai Gogol novel of the same name, which made $16.9m.
CP Classic has also done well with Cédric Klapisch’s Paris, which has taken $318 061 with only 10 copies, while South Korean Kim ki-duk’s romantic fantasy, Dream (Bi-mong) is the highest-grossing Asian film (Premium) despite taking just $63,568 from four screens.
Top 10 Russian Distributors
(Dec 1 2008 - May 31 2009)
Distributor | Box Office Share | Total Gross | Highest-Grossing Film |
---|---|---|---|
Caro Premier/Caro Prokat | 25.58% | $81.83m | Inhabited Island Part One ($21.84m) |
Central Partnership/CP Classic | 24.71% | $79.07m | Taras Bulba ($16.99m) |
BVSPR | 17.66% | $56.5m | The Very Best Film 2 ($12.85) |
20th Fox CIS | 13.1%, | $41.90m | The Day The Earth Stood Still ($10.13m) |
UPI | 8.22% | $26.3m | Fast & Furious ($14.31m) |
Paradise | 3.58% | $11.44m | Knowing ($6.05m) |
Profit Cinema | 1.35% | $4.33m | Tarif Novogodniy ($3.88 m) |
Volga | 1.32% | $4.21m | Slumdog Millionaire ($3.46m) |
Luxor | 1.11% | $3.54m | Largo Winch ($1.04) |
Nashe Kino | 1.05% | $3.35m | The Tale Of Fedot, The Shooter ($2.59m) |
Data - curtesy of Sergei Lavrov, Russian Film Business Today
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