FORECAST: Russian Box Office Expected to Grow 9.6% in 2013
on March 05, 2013
Analyst group Movie Research announced this week that they project the Russian box office will grow 9.6% this year, a hike that will make the country from last year's $1.28 billion haul to $1.4 billion. A large chunk of that growth will come from increased ticket prices, but the analysts also expect to see movie admissions jump by 2.6%. Also on the clime is the proportion of the box office that belongs to local Russian productions. Last year, Russian films made up 15.1% of the total intake, but Movie Research predicts 2013 will see closer to 17.5% -- a positive, but small step in a country that's already discussing implementing strict limits on the number of foreign pictures it will allow in the future. Russia still has great room for growth. In a sprawling country of 142 million, less than a third of its citizens live near movie theaters, and only 10% of those consider themselves frequent filmgoers.
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