Bloomberg News

Russia May Force Cinemas to Show Domestic Films, Kommersant Says

March 13, 2012

Russia’s Economy Ministry proposed requiring cinemas to show Russian movies to support the domestic film industry, Kommersant said, citing a letter from Deputy Minister Stanislav Voskresensky.

The government may rule that as much as 24 percent of screen time at cinemas be devoted to Russian movies, Kommersant said, citing Voskresensky’s letter to the Culture Ministry. Russia will also discuss limiting annual imports of foreign films, similar to India or China, the newspaper said.

Box office sales in Russia and the other members of the Commonwealth of Independent States, except Ukraine, amounted to $1.2 billion last year, of which Russian movies accounted for 16 percent, or about $193 million, the newspaper said.

Quotas would hurt profit without improving the quality of Russian movies, Kommersant said, citing Sergei Kitin, general director of movie theater chain Cinema Park.

To contact the reporter on this story: Stephen Bierman in Moscow at sbierman1@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net


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