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FUNDING Italy

€24m reinstated for cinema of Entertainment Industry Fund

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Film will get €24m of the €60m allocated this summer by the government, for the reinstatement of the Entertainment Industry Fund: €18m to production and €6m to exhibition. This is the first sure news on the distribution of the reintegrated funds, which came in a statement by the Ministry of Culture’s General Direction for Cinema.

"We’re satisfied,” Paolo Protti, president of ANEC (the national film exhibitors’ association) told industry weekly Giornale dello Spettacolo, because "cinema’s problems have been taken into consideration, specifically in the exhibition sector". However, Protti says the funds are still "widely insufficient".

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(Translated from Italian)

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