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Russia allocates 10% of foreign animation rental funds towards domestic animation productions

Putin Commands Construction of Channels to Divert 10% of Foreign Animated Film Rentals to the Cinema Fund in Russia.

Russian leader Vladimir Putin outlines plans for redirecting 10% of foreign animated movie revenues...
Russian leader Vladimir Putin outlines plans for redirecting 10% of foreign animated movie revenues to the Cinema Fund, as stipulated by his recently issued instructions.

Russia allocates 10% of foreign animation rental funds towards domestic animation productions

Scaling Up the Russian Animation Industry

Russia's cinematic scene is getting a boost, thanks to President Vladimir Putin's recent directives.

It's no secret that the animation industry in Russia has been lagging behind. But that's all about to change. After a lively meeting of the Council on Culture and Arts, Putin greenlit a plan to propel the domestic animation industry into the limelight. The details? They're as exciting as a Pixar premier!

The agenda for this meeting of the minds featured Yuliana Slascheva, the chairperson of "Soyuzmultfilm" Production Association. She pitched a plan to set quotas for the allocation of state funds for cinema, with a focus on animation. Slascheva argued that the current 6-7% allocation doesn't cut it, pointing to the thriving animation sectors in countries like France.

So, what's Putin thinking? Well, he's game for the 20% allocation. As for the controversial 10% levy on foreign animated film box office receipts? That's still a bone of contention, with the Ministry of Finance expressing reservations. But hey, Putin's all for it, responding with a cool, "Why not?"

In 2024, the Russian animation industry was struggling under the weight of insufficient funding. Despite the absence of titans like Disney and Pixar, only eight domestic animated feature films made it to the big screen— compared to a whopping 60 foreign ones. Now, with the president's stamp of approval, things are starting to look up.

The plan, as it stands, is to channel 20% of the state's cinematography support funds into the production of national animated films. A move that, if successful, could catapult Russia into the big leagues of animation.

With over 70 animation studios already operating in the country, the real challenge lies in bolstering their growth. The government's new initiatives offer a glimmer of hope for a robust Russian animation sector, one that can hold its own on the global stage.

Stay tuned for updates on this revolution in progress. The future of Russian animation is about to get interesting!

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#Vladimir Putin#Film Industry

Enrichment Data:

The Russian government's plan to support national animated films, as decided upon after a meeting of the Presidential Council for Culture and Art, includes the following key initiatives:

  1. Revenue Allocation from Foreign Animated Films:
  2. The Russian government has decided to allocate 10% of the revenue generated from the distribution of foreign animated films to support Russian animation projects. This will be coordinated with the Federal Fund for Social and Economic Support of Domestic Cinematography.
  3. State Support for Animation:
  4. President Putin has directed that 20% of all state-provided cinematography support funds be dedicated to financing Russian animated films. This is a significant move towards developing the national animation industry.

The plan does not specify a meeting date of March 25, 2025, but these measures are a part of broader efforts to bolster the Russian animation sector by leveraging revenues from foreign films and increasing state support.

The Russian government is planning to generate revenue from foreign animated films to support local animation projects, with 10% of these revenues earmarked for domestic animation projects, as decided upon after a meeting of the Presidential Council for Culture and Art.

To further bolster the Russian animation industry, President Putin has directed that 20% of all state-provided cinematography support funds be dedicated to financing Russian animated films. This means more funding for business in the Russian animation sector, potentially leading to growth and increased competition in entertainment markets.

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