The revenue of Russian cinema bars in the first half of 2023 exceeded 7 billion rubles, which exceeded the whole of 2022. This was reported by “Kommersant” referring to the Russian company Delovaya.
According to Iskander Aminov, vice president of Delovaya Rus, the increase in revenue was facilitated by the release of the movie “Cheburashka” and the pent-up demand from the audience. Cinema bars are a significant portion of the movie theater business, accounting for approximately 35% of their revenue.
Delovaya Rus’ share in this market is estimated to be around 60-65%. For comparison, cinema bar revenues fell by 60% to 9 billion rubles in 2021 due to the pandemic. Market participants expect the indicator to grow by 30-35% by the end of 2023.
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