#25 - JRL 2008-90 - JRL Home
Privatization Of Russian Film Studios To Be Suspended
MOSCOW. May 7 (Interfax) - Russian film studios will be assessed for
professional efficiency, following which a decision will be made as to whether
some of them should be privatized or sold, said Valery Rusin, Deputy General
Director at the Gorky Film Studio.
"The consultative group consisting of representatives from the Russian Public
Assets Agency, the Federal Agency for Culture and Cinematography, the Mosfilm
Studio, and the Gorky Film Studio met more than a week ago and decided that the
group should seek the suspension of the privatization of film studios because
there is no strategy as to how this privatization will be held," Rusin told
Interfax on Wednesday.
The working group is to conduct a examination of Russian film studios and
their technical facilities, in order to establish which of them are able to
compete with Western filmmakers and to create good- quality productions.
As a result of this monitoring, indispensable film studios will be identified
which can meet modern standards, Rusin said. Those studios which fail to
demonstrate their efficiency are likely to be privatized, he said.
So far, the merger between the three largest Russian film studios - Mosfilm,
Gorky and Lenfilm - is not being considered, he said.
"Some decision will be made concerning those studios which are unable to
compete. But no merger is being planned between Mosfilm, the Gorky studio and
Lenfilm," Rusin said.
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