December 3, 2020

The Government approves 10 million euros of aid to movie theaters to combat the coronavirus


The Ministry of Culture and Sports has made public in the website of the Institute of Cinematography and Audiovisual Arts (ICAA) the resolution that grants 10 million euros in extraordinary aid for holders of cinematographic exhibition rooms. Out of a total of 251 applications received, 236 exhibition halls have been beneficiaries, which will become effective from the concession resolution through a single payment.

The de-escalation in cinemas: no premieres in all of Spain until the theaters in Barcelona and Madrid reopen?

The de-escalation in cinemas: no premieres in all of Spain until the theaters in Barcelona and Madrid reopen?

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“The aid is intended to cover expenses made in 2020 since the state of alarm was decreed, derived from the COVID-19 crisis,” the Ministry explains in a statement. “Specifically, they cover both the costs that are a consequence of the health prevention measures adopted, as well as those destined to favor the visibility of the reopening of cinemas.”

The grants were summoned by Resolution of July 30, 2020, of the General Directorate of the Institute of Cinematography and Audiovisual Arts, with a total budget of 13 million euros.

The ICAA thus responds to the demands of the Federation of Cinemas of Spain (FECE), representing more than 80% of the cinemas of our country. This organization estimates that the accumulated losses during the crisis as a result of the closure amounts to more than 100 million euros. To which should be added the costs of the implementation of the security protocol and the reduction in income due to the limited capacity, which is estimated at 43.5 million euros per month.

The exhibition in our country faces a really serious situation due to the pandemic. We are talking about a sector that before the coronavirus crisis generated 1,876 million euros a year only in our country. The economic impact of Spanish movie theaters was equivalent to 0.15% of GDP in 2019, with a business fabric that employed 32,681 people directly and indirectly.

In the field of cinema, the ICAA has already resolved the ordinary aid for the organization of festivals and aid for the distribution of films with an endowment of 3.5 million euros. But every day fewer films are released, and large productions delay their premieres indefinitely, depriving theaters of titles that act as a call to the public and revitalize the sector.

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