Is There a Future for Cinemas and Distribution?
Saturday, February 4th, 13:00-14:30
Cinema attendance fell by 5% in the USA alone last year.
Why go to the cinema if you can watch a movie where and when it is convenient for you? We watch movies on TV and on home theatres, PCs, iPads and cell phones.
In Russia, on the one hand, the Moscow Mayor’s Office declared that cinemas that don’t belong to multiplexes will be redeveloped, and on the other hand, billions of roubles have been allocated for building cinemas in small cities and for purchasing of entire cinema chains by major financial corporations. Who is right? Is there any future for cinemas and distribution, and what is it?