Cinema Technology Magazine - September 2019

Page 23

EMERGING

MARKETS

The Middle East:

A market with vision In the context of emerging markets, few are embracing cinema as keenly as is the Middle East. Melissa Cogavin explores the rapid growth of the sector in a burgeoning — and premium — region

T

WENTY YEARS AGO, pre-internet and

structural reform, something unimaginable only a few years

Whatsapp, researching cinema activity

ago; each state — mainly constitutional monarchies — has

in the Middle East would have been

laid out aggressive plans which have seen cultural barriers

complex, possibly quite inaccurate and

lifted, rules relaxed and an embracing of consumerism on

certainly decidedly vague, buoyed up

unprecedented levels. Across the seven member countries,

by anecdotes and conjecture over hard

investment on education, infrastructure, retail and leisure is

facts. The region was difficult to navigate as a westerner,

being executed on a colossal scale. As a result of this more

mired in political tension and tradition and, in the case of

liberal agenda, opportunities are opening up and this is good

Saudi Arabia, cinema as an art form was until recently subject

news for the workforce, education, young people, women,

to a 35-year ban entirely.

technology, retail and each members’ GDP. The effects are

In a radical shake up, and facing some hard truths about

being felt right down to the kind of film you can go and see

reducing its reliance on declining oil reserves (the official line

at your local cinema in the region, and who was involved in

being ‘lower oil prices prompting fiscal tightening and

making it and who serves you the popcorn.

diminished government accounts’), the Gulf Cooperation

The trickle-down effect of Vision 2030 on the region (see

Council (GCC) member states are ushering in unprecedented

panel overleaf) has seen unrivalled and rapid development

www.cinematech.today

023_SEP19_MIDDLEEAST.indd 23

0 9 / 1 9

>

2 3

31/07/2019 11:26


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.