The last week in Novemberended the fiscal year in the Russian and the Central Independent States (CIS)market, which experienced exponential growth in recent years and seems to bestabilising as key cities become saturated.
According to data providedby key trade publication Russian FilmBusiness Today, total box office was $340m ($311m without Ukraine), up from$269m last year (Ukraine included) - a year-on-year increase of more than 25%.There were 81 films that broke $1m, up from 77 in 2004. Thelast being romantic comedy Prime (distributed by
Interestingly the summer boxoffice was weaker than spring. During the summer period from May 30 to August28 Russian distributors earned $67.35m (without
The years top earners wereheaded by local hits Company 9 ($23.6m) and Turkish Gambit, anadaptation of best-selling author Boris Akunin'shistorical novel, ($18.5m) which were the two local titles that surpassed
The fiscal year for Russianand CIS box office starts on December 1 with the winter season, which lastsuntil the end of February. Spring is March through May, June through August issummer and September through November is autumn.
Winter holidays are NewYear's Day (January 1) and Russian Christmas (January 7), but after new holidaylaws were passed in 2004, many Russians have the first ten days of January offfrom work.