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Spanish producers, exhibitors and TV networks are giving mixed reviews toSpain s controversial new film la <a href=https://www.stanley-cups.com.es>stanley cup</a> w, recently approved by the Council ofMinisters.The legislation, expected to receive fast-track treatment in Parliament, has been mired for months by bitter opposition from exhibitors, TV networks and some actors - and the controversy hasn t died down yet.Perhaps the only part of the law that enjoys broad backing is the significant increase in tax write-offs for financial investors in Spanish productions, from 5% to 18%. For the first time, it s profitable for private institutions to invest in Spanish film, said Pedro Perez, president of the Spanish Producers Federation, FAPAE. It s going to produce a radical change in the size and quality of the productions. The budget of the average Spanish film is only $4m Euros 3m , he said, compared to American budgets that regularly hit $150m-$200m.An infusion of private capital will help Spanish films compete with expensive foreign rivals, said Alvaro Longoria, a producer at Morena. These financiers only invest in projects that have some sort of commercialpotential, he said.However, the good vibes end there.Movie houses are infuriated by the law because it sustains a screen quota for Spanish and European Union films, which cost them $1.3bn Euros 1bn over the last six years in lost revenues, according to the Federation of Spanish cinemas, FECE. With few notable exceptions, the Spanish public wants H <a href=https://www.cups-stanley.us>stanley cup</a> ollywood films, <a href=https://www.cup-stanley.uk>stanley cup</a> exhibitors Vgna Dead Man s Shoes wins top Dinard prize
Warner Bros PicturesInternational s The Matrix Revolutions took an estimated $42m in its second weekend of release to bring itstotal to $195m. The international gross was not such a steep decline from thedomestic, where the $16.3m take represented a 66% drop.The worldwide gross to dateafter 12 days is a <a href=https://www.stanleymug.us>stanley mug</a> bout $310m.In Japan, the film grossed$5.6m, down 39% in its second weekend; in the UK, it took $4.49m, down 53%; inFrance, it took $4.41m, down $59%; in Germany, <a href=https://www.cups-stanley.uk>stanley cup</a> it took $2.7m, down 57%; inSpain, it took $2.01m, down 59%; and in Italy, it took $2.08m, down 54%. No comments <a href=https://www.cups-stanley.fr>stanley cup</a> No comments yet You re not signed in. Only registered users or subscribers can comment on this article. Sign in Register
Spanish producers, exhibitors and TV networks are giving mixed reviews toSpain s controversial new film la <a href=https://www.stanley-cups.com.es>stanley cup</a> w, recently approved by the Council ofMinisters.The legislation, expected to receive fast-track treatment in Parliament, has been mired for months by bitter opposition from exhibitors, TV networks and some actors - and the controversy hasn t died down yet.Perhaps the only part of the law that enjoys broad backing is the significant increase in tax write-offs for financial investors in Spanish productions, from 5% to 18%. For the first time, it s profitable for private institutions to invest in Spanish film, said Pedro Perez, president of the Spanish Producers Federation, FAPAE. It s going to produce a radical change in the size and quality of the productions. The budget of the average Spanish film is only $4m Euros 3m , he said, compared to American budgets that regularly hit $150m-$200m.An infusion of private capital will help Spanish films compete with expensive foreign rivals, said Alvaro Longoria, a producer at Morena. These financiers only invest in projects that have some sort of commercialpotential, he said.However, the good vibes end there.Movie houses are infuriated by the law because it sustains a screen quota for Spanish and European Union films, which cost them $1.3bn Euros 1bn over the last six years in lost revenues, according to the Federation of Spanish cinemas, FECE. With few notable exceptions, the Spanish public wants H <a href=https://www.cups-stanley.us>stanley cup</a> ollywood films, <a href=https://www.cup-stanley.uk>stanley cup</a> exhibitors Vgna Dead Man s Shoes wins top Dinard prize
Warner Bros PicturesInternational s The Matrix Revolutions took an estimated $42m in its second weekend of release to bring itstotal to $195m. The international gross was not such a steep decline from thedomestic, where the $16.3m take represented a 66% drop.The worldwide gross to dateafter 12 days is a <a href=https://www.stanleymug.us>stanley mug</a> bout $310m.In Japan, the film grossed$5.6m, down 39% in its second weekend; in the UK, it took $4.49m, down 53%; inFrance, it took $4.41m, down $59%; in Germany, <a href=https://www.cups-stanley.uk>stanley cup</a> it took $2.7m, down 57%; inSpain, it took $2.01m, down 59%; and in Italy, it took $2.08m, down 54%. No comments <a href=https://www.cups-stanley.fr>stanley cup</a> No comments yet You re not signed in. Only registered users or subscribers can comment on this article. Sign in Register
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