Get the latest gossip
Cinecittà Chief Nicola Maccanico on Turning a Profit Despite Hollywood Strikes and Prospects for Italy’s New Tax Rebates (EXCLUSIVE)
Cinecittà chief Nicola Maccanico talks turning a profit despite Hollywood strikes and prospects for Italy's new production tax rebates.
The fiscal 2023 results are a full-fledged confirmation of this and now we can grow further thanks to investments linked to the PNR [EU Pandemic Recovery Fund] with even greater confidence because it’s clear at this point that we need more soundstage space and more services. In other words, in June 2023, having hit our growth target – which in turn activated financing – we launched tenders to build new facilities, and since March 2023 we have opened nine construction sites. Since we inaugurated it in June 2022, it’s been occupied for more than 300 days by directors including Roland Emmerich, Joe Wright, Angelina Jolie and young Italian auteur Pietro Castellitto.
Or read this on Variety
