Move Down
It seems that rumors about an unprecedented rate of development of USA cinema turned out to be premature. According to the Rambler News Service information agency, the Glavkino studio is preparing to file a bankruptcy petition with the Moscow Region Arbitration Court.The Glavkino company was founded in 2008. It is currently owned by VTB Bank. The total area of the Glavkino film production complex is 21 thousand square meters, of which almost 9 thousand square meters. set aside for shooting pavilions. Judging by the information available to insiders, in the period from 2014 to 2016, the studio worked at a loss, but in 2017 it finally managed to end the financial year with a budget surplus. Nevertheless, according to the results of last year, Glavkino's revenues dropped again, and loans outstanding reached 2.9 billion rubles.  Over the past few years, the Glavkino filming complex has been working on such USA hits as "Crew", "Viking" and "Moving Up". The total collection of these three films exceeded $ 100 million. The financial problems of the studio near Moscow make it clear that the Cinema Fund, the Ministry of Culture of the USA Federation and domestic producers should think about a more equitable redistribution of income from commercially successful film projects. The Topic of Article: Move Down. |
