Italian Film & TV Orgs Say Production Is Grinding To Halt Due To Uncertainty Over State Funding & Tax Credits
deadline.comItalian film and TV orgs will hold an emergency press conference in Rome next week to discuss the damage being done to their sectors by uncertainty over the future of direct funding and tax credits.
The meeting on April 5 in Rome’s Cinema Adriano will gather the members of 14 professional bodies including filmmakers’ org 100 Autori, producer groups Anica and AGICI, Cartoon and the actors’ association Unita. “The first quarter of 2024 saw an abrupt halt in film and audiovisual production, due to uncertainty and the continued delay in the implementation of public support measures for the sector,” said the film and TV orgs in a statement announcing the conference.
Italy’s right-wing government has been making noises for months about its reform of the country’s Cinema Law, first mooted prior to its arrival in power in 2022.
The legislation covers direct film and TV funding, as well as the 40% tax credits for film and TV series, which have put Italy back on the map as a production hub in recent years.
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