Russian online cinemas expect revenue growth this year

Russian online cinemas expect revenue growth this year. According to various estimates, it

increase compared to the pastyear by 10-20%, to the level of 80 billion rubles. Optimistic forecasts are based on the good performance of the past year, which, despite the decline in the first half of the year, showed growth by the end of the year and allowed 2022 to end with positive dynamics — growth by 17% and revenues in the amount of 67.8 billion rubles. Market participants expect the positive dynamics to continue in 2023 as well. At the same time, the withdrawal of Western players from the market leads to the fact that more people start using pirated content, which hinders the development of the industry as a whole, since, after gaining access to Western pirated content, users then start watching domestic pirated content.