Day: 2 December 2015

As reported rbc Russian movie producers (Sergey Selyanov from “STV”, Fedor Bondarchuk and Dmitry Rudkovsky from Art Pictures, Timur Vainstein from “Vaite Media”, Gevond Andreasyan from “Enjoy Movies” and George Shabanov from “All Media”) have signed and sent collective letter to Russian ministry of culture. The letter is addressed to Russian minister of culture Vladimir Medinsky. They aim to get support from Russian ministry of culture in distribution of their movies. They concerns about New Year competition with foreign movies. Some of these companies have produced movies with support of governmental Movie Fund. These movies will be released on 31^st of December 2015 and 1^st of January 2016. A few foreign films will be also released in Russia on the same dates. Russian producers have concerns that it will be pretty hard to earn money on distribution of certain Russian movies in order to cover expenditures spent on production of these movies if these films will compete with foreign films. Therefore signers asked for state support in relation to certain films produced by their companies.

The marketplace for music is changing dramatically. New technologies are transforming the way people listen to music, substantially altering the economics of the music business, particularly for songwriters and composers. Streaming music through services such as Pandora, Spotify and iTunes Radio is quickly surpassing physical music sales and digital downloads in popularity. Digital audio-visual services such as Netflix and Amazon are revolutionizing the ways in which the world watches television and movies, changing the traditional media landscape.