Cinema Foundation of Russia
Russian Cinema Fund Analytics, known as Cinema Fund (Фонд Кино; Officially Federal Fund for Economic and social support of the Russian Cinematography, Федеральный фонд социальной и экономической поддержки отечественной кинематографии), is the Russian Government's key funding body for the Russian screen production industry. Its functions are to support and promote the development of a highly creative, innovative and commercially sustainable industry, with a mandate to promote the creation and distribution of films in Russia as well as to preserve the country's film history. [1]
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| Type | State-run film distributor, production company |
|---|---|
| Industry | Russian cinema |
| Founded | 1994 |
| Headquarters | Moscow , Russia |
Key people | Leonid Vereshchagin, Nikita Mikhalkov, Timur Bekmambetov, Feodor Bondarchuk, Ruben Dishdishyan, Anton Malyshev |
| Products | film |
| Website | Fond-Kino.ru/ |
It also had a production arm responsible for production and commissioning of films for the Russian Government. It was established by the Government of Russia in 1994 in order to promote the Cinema of Russia which celebrated 100th Birthday. The fund is considered as one of the most important federal regulators in the film industry in the Russian Federation.[2]
Background
The Foundation is financially assisting film and television production and also produced films generally intended for government purposes.
Across its various departments, The Fund supports the development, production, promotion and distribution of Russian screen content. In 2015, the cinema fund decided to distribute among Russian filmmakers $43 million (3 billion rubles). In light of the ruble's sharp devaluation over the last months of 2014, the dollar figure is almost one half of what it was a year ago, when the 2014 budget was announced. Given the fact that many production expenses, including cast and crew fees, are nominated in U.S. dollars, local filmmakers received considerably less cash in 2015.[3]
Pitch event
The foundation is known for the Pitch Event that they are conduct every year in mid-April or March to allow the Russian film studios ask for financing their projects. This Pitch Events known as first glimpses to future Russian biggest cinema projects.
References
- "Cinema Foundation – About". Cinema Fund. Fond Kino. Archived from the original on July 5, 2015. Retrieved July 11, 2015.
- "Russian Cinema Fund to provide support, not financing". Russia Behind The Headlines. RBTH. Retrieved July 11, 2015.
- "Russia's Cinema Fund Announces 2015 Budget". Hollywood Reporter. Vladimir Kozlov. Retrieved July 11, 2015.