Why Russian Cinemas Left UNIC Amid Industry Collapse
Ukraine begin to bite.In a move that helps Russian exhibitors save face and avoid expulsion from a major global industry body, the Russian Association of Cinema Owners (RACO) said it had submitted an application to “exit UNIC.” It comes after Hollywood majors exited the Russian market following President Vladimir Putin’s decision late February to invade Ukraine, turning Russia into an international pariah state. The move broadens Russia’s isolation from the rest of the world at a time when its domestic cinema is facing near total collapse.