“ARMENFILM” TO BE COMPLETELY REPAIRED WITHIN 2 YEARS
YEREVAN, August 12. /ARKA/. The “Armenfilm” studio will be completely
repaired and brought to conformity with international standards within
two years, the new Armenfilm owner, President of the CS MEDIA CITY
holding Bagrat Sargsyan told reporters. “We will install up-to-date
equipment at Armenfilm, which will allow the viewers to see all the
films shot by the studio in restored or digital versions,” Sargsyan
said. According to him, film production will be possible as well.
Sargsyan reported that most of the studio staff members will take
retraining courses in Armenia and abroad. “`Armenfilm’ is not only a
film studio, but also the embodiment of traditions of Armenian
cinema,” he said. Sargsyan stressed that al traditions of Armenian
cinema will be upheld despite technical re-equipment of the studio.
Responding to a question about the principal share-holder of the SC
MEDIA CITY holding, Sargsyan said that the holding is owned by Gerard
Cafesjian and the Sargsyan family, ruling out the possibility of two
share-holders.
The “Armenfilm” studio has been sold for AMD 350mln to the “Armenio
Studios” CJSC, which is part of the “CS MEDIA CITY” holding. P.T. -0–