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BIG NEWS: Saudi Arabia says cinemas will be allowed from early 2018

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The first cinemas expected to open in March 2018

Saudi Arabia said on Monday that public cinemas would be allowed in the conservative kingdom and the first cinemas were likely to open early next year.

“As the industry regulator, the General Commission for Audiovisual Media has started the process for licensing cinemas in the Kingdom,” Minister of Culture and Information Awwad bin Saleh Alawwad said in a statement.

“We expect the first cinemas to open in March 2018.”

 

http://www.thehindu.com/news/international/saudi-arabia-says-cinemas-will-be-allowed-from-early-2018/article21389914.ece

 

 

It's always great to have a new box office market, and Saudi Arabia definitely has some potential : 32 million inhabitants and strong population growth, the population is pretty well-off...some movies could add millions of dollars to their global total with this :)

 

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By 2030, Saudi Arabia is expected to open over 300 cinemas with more than 2,000 screens


 

 

It seems only a very limited number of theaters are opening next year at best. I guess we have to wait a long time before Saudi Arabia contributes a meaningful amount to a film's box office.

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2 minutes ago, KP1025 said:

 

It seems only a very limited number of theaters are opening next year at best. I guess we have to wait a long time before Saudi Arabia contributes a meaningful amount to a film's box office.

 

Well, you don't become a developed market in a few years, even China couldn't do it lol

But at least the growth will be very fast, and the population will be far bigger by 2030, beyond 40 million people or so. It's a Spain-size / Korea-size market, not bad at all.

 

Meanwhile China, indonesia, India, Brazil and Mexico will add a lot to the global market.

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