You will be redirected back to your article in seconds

German state relents on theater-coin cuts

Move may save 40 small moviehouses

BERLIN — Cinema owners in the state of Saxony are celebrating the government’s change of heart regarding movie theater subsidies.

The state government had announced it was eliminating DM$100,000 ($54,000) in financial support for needy cinemas from its budget, spurring theater owners to cry foul.

With the help of the Association of German Cinemas (HDF), they protested against the planned cuts, saying some 40 small-town cimemas in Saxony were in danger of going out of business without government help.

The money is used by theater owners to acquire additional hard-to-get prints, most of which end up at the big movie houses and multiplexes of the state’s main cities.

The government also announced it will be integrating its cinema support funds into the larger regional media fund, the Mitteldeutsche Medienfoerderung, which serves the former East German states.

More Biz

  • This, photo shows the 21st Century

    Comcast, Disney Keep Focus on 21st Century Fox Assets Despite AT&T-Time Warner Battle

    BERLIN — Cinema owners in the state of Saxony are celebrating the government’s change of heart regarding movie theater subsidies. The state government had announced it was eliminating DM$100,000 ($54,000) in financial support for needy cinemas from its budget, spurring theater owners to cry foul. With the help of the Association of German Cinemas (HDF), […]

  • Scorpion-cbs TV Show

    How Scooter Braun Turned Luck With First Series 'Scorpion' Into Prolific TV Business

    BERLIN — Cinema owners in the state of Saxony are celebrating the government’s change of heart regarding movie theater subsidies. The state government had announced it was eliminating DM$100,000 ($54,000) in financial support for needy cinemas from its budget, spurring theater owners to cry foul. With the help of the Association of German Cinemas (HDF), […]

  • Peter Thiel

    Billionaire Peter Thiel Sells Majority of Facebook Stake, Pocketing $29 Million

    BERLIN — Cinema owners in the state of Saxony are celebrating the government’s change of heart regarding movie theater subsidies. The state government had announced it was eliminating DM$100,000 ($54,000) in financial support for needy cinemas from its budget, spurring theater owners to cry foul. With the help of the Association of German Cinemas (HDF), […]

  • Justin Bieber Ariana Grande Kanye West

    From Ariana to Watt: Catching Up With Scooter Braun's 20 Clients as SB Projects Turns 10

    BERLIN — Cinema owners in the state of Saxony are celebrating the government’s change of heart regarding movie theater subsidies. The state government had announced it was eliminating DM$100,000 ($54,000) in financial support for needy cinemas from its budget, spurring theater owners to cry foul. With the help of the Association of German Cinemas (HDF), […]

  • Scooter Braun Team

    Meet the Six Key Execs Who Help Scooter Braun Care for Roster of Clients

    BERLIN — Cinema owners in the state of Saxony are celebrating the government’s change of heart regarding movie theater subsidies. The state government had announced it was eliminating DM$100,000 ($54,000) in financial support for needy cinemas from its budget, spurring theater owners to cry foul. With the help of the Association of German Cinemas (HDF), […]

  • New Media old media shakeup

    Murdoch Sale Talks Underscore Digital's Effect in Disrupting Hollywood

    BERLIN — Cinema owners in the state of Saxony are celebrating the government’s change of heart regarding movie theater subsidies. The state government had announced it was eliminating DM$100,000 ($54,000) in financial support for needy cinemas from its budget, spurring theater owners to cry foul. With the help of the Association of German Cinemas (HDF), […]

  • John Oliver Net Neutrality

    What the Repeal of Net Neutrality Will Mean for Hollywood

    BERLIN — Cinema owners in the state of Saxony are celebrating the government’s change of heart regarding movie theater subsidies. The state government had announced it was eliminating DM$100,000 ($54,000) in financial support for needy cinemas from its budget, spurring theater owners to cry foul. With the help of the Association of German Cinemas (HDF), […]

More From Our Brands

Access exclusive content