Russian cinemas gross $1 billion for the first time ever

The success of blockbusters like Avatar and Shrek 3D has given Russian cinemas a big boost in the past 12 months and takings have rocketed past the $1 billion mark for the first time ever.

Avatar, the world’s most successful film ever, grossed $116 million (GBP77.3 million), while Shrek Forever After took in $51 million (GBP34 million) in Russia, according to Daily Variety.

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