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Hungarian Cinema Attendance Figures Still Low

Nov 18, 2022

In 2022, Hungarian cinema attendance will not return to its pre-pandemic level, with this year's cinema revenues so far failing to double those of 2021. And the balance is billions of euros below the revenues of 2019 and the years before, the financial website reports. There are a number of reasons why cinemas are […]

High Utility Costs Threaten Hungarian Cinemas

Oct 10, 2022

Energy has always been a major cost item for cinemas, but after this year's price hike, heating and electricity bills could take almost all of the revenue, according to Budapest Film Plc., which operates Corvin and five other art cinemas in Budapest. In 2021, the company will spend nearly HUF 47 million on electricity and […]

Box office Sales in Hungary Plunge Over 70% in 2020

Jun 8, 2021

Hungarian cinemas' ticket sales dropped by 72% to 4.3 million last year as pandemic restrictions weighed, data compiled by the Central Statistical Office (KSH) show. Almost 2.2 million of total ticket sales were at cinemas in the capital, Budapest. Box office revenue declined by 71% to HUF 6.4 billion forints (EUR 18.5m). Cinemas in Hungary […]

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