Entertainment & Media: 5.6% drop in revenues in 2020

Entertainment & Media: 5.6% drop in revenues in 2020

The recent pandemic and its lockdown had a strong impact on the global revenues of the Entertainment & Media sector, which in 2020 were 5.6% lower than in 2019; it’s the worst result since 1999, but already in 2021 a recovery of the market is to be expected:...
Entertainment & Media: 5.6% drop in revenues in 2020

Resumption of productions: Ticino restarts after the lockdown

The Ticino Film Commission continues in its function of promoting and enhancing the territory: in a recently released note, it’s announced that the number of productions accepted and programmed after the stop due to the Covid-19 pandemic is positive. To achieve...
Entertainment & Media: 5.6% drop in revenues in 2020

The tax credit recognition decrees of August 27 and 28, 2020

With the directorial decrees of August 27 and 28, 2020, the Italian Ministry of Cultural Heritage and Activities and Tourism (MiBACT) announced the results of the admissions of the preventive tax credit requests received for the production film and final requests for...
Entertainment & Media: 5.6% drop in revenues in 2020

Venice International Film Festival: the 77th edition starts today

The red carpet of Palazzo del Cinema opens tonight. Venice International Film Festival, at its 77th edition, guarantees a Festival with open participation, an aspect strongly desired by the President of the Biennale di Venezia Roberto Cicutto and the Director of the...
Entertainment & Media: 5.6% drop in revenues in 2020

Boom of commissions in Europe for new unscripted programs

Between June and July 2020, European TV recorded a significant increase in commissions for new programs, especially for unscripted productions. As reported in an analysis of the company Ampere Analysis, the demands for this particular type of production increased due...
Entertainment & Media: 5.6% drop in revenues in 2020

The updates on the second session of tax credit 2020

On August 26, 2020, the Italian Ministry for Cultural Heritage and Activities and Tourism (MiBACT) published the directorial regarding the submission of tax credit applications – II session 2020. In the notice published on its website, DG Cinema specified that...
Entertainment & Media: 5.6% drop in revenues in 2020

Fenix Entertainment: the distribution sector is born

Fenix ​​Entertainment S.p.A., a film production company, strengthens and expands its business structure by giving way to the distribution sector. After the arrival of Antonio Adinolfi, delegate producer and director of the cinema area, Fenix ​​Entertainment launches...
Entertainment & Media: 5.6% drop in revenues in 2020

MIA 2020: extending the bridge for Venice selected projects

MIA 2020 offers a special digital window to Venice Production Bridge’s projects and selected films in the brand new MIA Digital Platform, in order to support further funding opportunities and upgrade business. MIA 2020 kicks off on October 14th 2020, presenting...