The Ukraine invasion is costing Russia on the home front as well as in combat. While Russian banking, sports, and news media have already been hit by sanctions, refusals on participation, and cyber…
The conflict in Europe is also expected to impactand television production in Eastern Europe and Russia in the coming months. Ukraine’s burgeoning film production business has obviously been derailed by the Russian invasion.
The fate of existing content is less certain and so far, appears to be largely unaffected by the Ukraine invasion. Russia is the fourth-largest film market in the world, with an estimated 90 million tickets sold in 2020, according to Statista.com. Russia also distributed 66 films for distribution to foreign audiences in 2020, down from the 2019 total of 94 because of the pandemic.
So far, there has been no movement to ban imports of US films to Russia. This week, that nation’s moviegoers can watch the local premieres of the MGM/United Artist filmis still set for a March 2 premiere, two days before it opens in the US. Disney/Pixar’sParmount is also is bringing its 50th anniversary re-release ofLast year, eight of the top 10 grossing films were from Hollywood, with Sony Pictures’andhave been on Russian television. Some streaming services are available in Russia.
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