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With a statement about the situation in the Russian film exhibition market, the Association of Cinema Owners made a statement.

Thus, during the COVID-19 pandemic market decline was 26.6% in fees and 33.6% in attendance.

But the events of recent months, according to the association, "dramatically changed the Russian film distribution industry.

The market fell 54% and 59% in March compared to March 2019, respectively. In mid-April 2022, 36.4% of cinemas in the country had already closed.

"The critical lack of repertoire in the next 2 months will lead to a drop in revenues of cinemas by more than 80% and will lead to the closure of at least 50% of cinemas," concluded the association. It also noted that cinemas are the guarantor of film quality.

 

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