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)|
|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