News





RealD announces deals with Russia's Karo Film and Kinomax circuits

Feb 15, 2013

RealD will equip up to 200 Karo Film cinema screens and up to 100 Kinomax screens across Russia with RealD 3D technology.
 
“Having recently opened an office in Moscow, Russia is an increasingly important market for RealD and one we have targeted with ambitious plans for long-term growth,” said Michael V. Lewis, chairman and CEO of RealD.
 
Karo Film recently announced a strategic investment by a consortium backing the Moscow-based media entrepreneur Paul Heth. The consortium acquired a controlling interest in the company and committed to an additional investment of approximately $100 million to open new multiplex cinema venues under the Karo brand over the next three years. Karo Film currently operates 31 modern movie theatres comprising of 197 screens in Moscow, the Moscow region, St. Petersburg, Nizhniy Novgorod, Samara, Kazan, Kaliningrad and Surgut.

Kinomax, meanwhile, “has installed the first 9 RealD 3D systems in Rostov, Volzhskiy and Krasnodar and plans to complete the installation of the remaining 91 systems by the end of calendar year 2013,” said Dmitry Nartov, general director. Kinomax currently operates more than 28 cinema locations with 149 auditoriums in more than 20 cities across Russia.

Russia has grown to become one of the world’s leading cinema markets, with box office estimated to total approximately $1.3 billion (40.5 billion rubles) in 2012, a 15 percent increase from 2011, according to Romir Movie Research. Similarly, 3D cinema ticket sales in the region continue to grow, increasing by more than 200% between June 2010 and June 2012, according to IHS Screen Digest.


RealD announces deals with Russia's Karo Film and Kinomax circuits

Feb 15, 2013

RealD will equip up to 200 Karo Film cinema screens and up to 100 Kinomax screens across Russia with RealD 3D technology.
 
“Having recently opened an office in Moscow, Russia is an increasingly important market for RealD and one we have targeted with ambitious plans for long-term growth,” said Michael V. Lewis, chairman and CEO of RealD.
 
Karo Film recently announced a strategic investment by a consortium backing the Moscow-based media entrepreneur Paul Heth. The consortium acquired a controlling interest in the company and committed to an additional investment of approximately $100 million to open new multiplex cinema venues under the Karo brand over the next three years. Karo Film currently operates 31 modern movie theatres comprising of 197 screens in Moscow, the Moscow region, St. Petersburg, Nizhniy Novgorod, Samara, Kazan, Kaliningrad and Surgut.

Kinomax, meanwhile, “has installed the first 9 RealD 3D systems in Rostov, Volzhskiy and Krasnodar and plans to complete the installation of the remaining 91 systems by the end of calendar year 2013,” said Dmitry Nartov, general director. Kinomax currently operates more than 28 cinema locations with 149 auditoriums in more than 20 cities across Russia.

Russia has grown to become one of the world’s leading cinema markets, with box office estimated to total approximately $1.3 billion (40.5 billion rubles) in 2012, a 15 percent increase from 2011, according to Romir Movie Research. Similarly, 3D cinema ticket sales in the region continue to grow, increasing by more than 200% between June 2010 and June 2012, according to IHS Screen Digest.

More Digital Cinema

Megabox debuts MasterImage 3D system

Megabox, one of South Korea’s largest cinema chains, debuted the first MI-HORIZON3D system in the country More »

 
Harkness Screens debuts new version of Digital Screen Modeller

Harkness Screens has released version 4.0 of its innovative 3D real-time simulation tool, the Digital Screen Modeller   More »

Curzon commits to Sony Digital Cinema 4K

Curzon, the U.K.’s leading independent cinema chain, is investing in Sony Digital Cinema 4K technology for their cinema venues More »

 
Arts Alliance Media's Screenwriter TMS integrates with Barco Alchemy

Arts Alliance Media's Screenwriter has become the first TMS to include support for the Barco Alchemy integrated cinema media processor More »

ADVERTISEMENT



REVIEWS

Guardians of the Galaxy review
Film Review: Guardians of the Galaxy

With Marvel’s backing, cult filmmaker James Gunn blasts off for the stars and takes audiences along for a wild, funny ride. More »

Hercules
Film Review: Hercules

Legendary strongman is caught in the middle of a brutal civil war in a fast-paced vehicle for Dwayne Johnson. More »

Player for the Film Journal International website.


ADVERTISEMENT



INDUSTRY GUIDES

» Blue Sheets
FJI's guide to upcoming movie releases, including films in production and development. Check back weekly for the latest additions.

» Distribution Guide
» Equipment Guide
» Exhibition Guide

ORDER A PRINT SUBSCRIPTION

Film Journal International

Subscribe to the monthly print edition of Film Journal International and get the full visual impact of this valuable resource for the cinema business.

» Click Here

SPONSORSHIP OPPORTUNITIES

Learn how to promote your company at the Film Expo Group events: ShowEast, CineEurope, and CineAsia.

» Click Here