US$2.6m to aid cinemas amid virus
Print Edition
Shanghai will offer subsidies of nearly 18 million yuan (US$2.6 million) to cinemas that have been shuttered amid the COVID-19 epidemic.
The Shanghai Municipal Film Administration yesterday released a list of 345 cinemas that will receive the subsidies, ranging from large cineplexes to small start-up cinemas.
The administration said the exact amount of subsidies each cinema receives will be based on their scale, number of screens and box office figures in 2019.
Cinema operators have described the subsidies as timely, as they struggle with no income and mounting financial pressure after closing in January.
The COVID-19 epidemic has dealt a heavy blow to China’s film industry, with cinemas closed, movies pulled and production halted.
In April, the China Film Administration said relief measures, including tax relief for filmmakers and cinemas, will be introduced.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
