Screen Building Boom Continues in Central Europe
The number of cinema screens across Central
Europe is set to rise to more than 3,000 by 2011 according to the
latest report on the region, Cinemagoing Central Europe 2007 from
leading cinema industry analysts, Dodona Research. This represents
a net increase of 11% from 2006. However, the number of new builds
will be far greater due to the anticipated closure of numerous traditional
cinemas.
Central Europe is one of the few remaining regions
in the world where new cinema construction is still continuing apace.
Poland, the largest market in the region, is set to see the most
growth in new multiplexes, which are springing up in shopping malls
across the country. Poland's first multiplex was opened in 1998
and, since then, more than 400 multiplex screens have been constructed.
Smaller markets such as Croatia and Romania still
have a proliferation of formerly state-owned cinemas, which are
usually traditional, single screen venues. Many of these are expected
to close as investment in modern multiplexes begins to get underway
in earnest.
Cinemagoing Central Europe forecasts admissions to
rise by 25% over the next five years, in response to the investment
in new cinemas and due to strong domestic film industries in countries
such as the Czech Republic. The entire region had a disastrous year
in 2005, but the majority of markets proved able to bounce back
in 2006. "Our analysis revealed that Slovakia posted the strongest
results in 2006 with a 53% rise in admissions from the previous
year. Despite its still old-fashioned infrastructure, admissions
reached a record 3.4 million and we expect them to rise by a further
21% by 2011", said report author, Alisdair Ritchie.
However the strongest growth is expected in
the larger, more mature market of the Czech Republic, where admissions
are forecast to rise by more than 50% by 2011. The country already
has one of the strongest rates of cinema attendance in the region,
but the anticipated admissions growth will take admissions per person
ratios to a rate of 1.8, comparable to some Western European countries.
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