From Cineuropa.org, one of my favorite source of film news, a very depressing article by Camillo De Marco. Make sure to check out the PDF with the analysis of Italian Cinema 2012
Mibac-Anica data: stable production, but cinemas going through crisis
by Camillo De Marco
17/04/2013 – Bad news for the movie theatre market, which after losing 8% of its revenue in 2012 and 9.88% of its spectators compared to the previous year, recorded a further fall by 5% in terms of audiences in the first term of 2013. The negative data is particularly affective to Italian cinema, which, despite maintaining a considerable share of the market (33%), has fallen behind where it was in the first term of 2012 when it took up 41% of the market share.
Positive signals have been coming from the production side of the industry though, where tax credits have enabled a 1.07% growth in market, despite constant reductions in public funding. An analysis of 2012 Italian cinema data (accessible here for download in PDF) presented yesterday to the press at the cinema headquarters of MiBAC and ANICA, reveals that €87 million worth of tax breaks were taken advantage of by 79 Italian films through the 2012 tax break policy, constituting the real backbone for Italian production in 2012. The 166 total Italian films produced in 2012 received €337 million in investment (+1.07%).
I Love Italian Everything 