Putin visits St. Petersburg studio development

Russian World Studios has spent $100 mil on facility so far

Russian World Studios' new St. Petersburg production facility hasn't officially launched, but it's already hosting dignitaries.

Prime Minister Vladimir Putin spent part of his birthday there Tuesday, visiting the multimillion-dollar development as it played host to the All-Russian Conference on Cinematography.

RWS has sunk $100 million into the 118,000-square-foot studio so far, with an additional $150 million planned for the second and third stages of construction. Next up is a 21,500-square-foot stage, a special effects studio and a film processing lab.
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