Venice festival announced new digs

Palazzo del Cinema secures funding

The Venice Film Festival is forging ahead with its announced new Palazzo del Cinema, having secured partial funding for the futuristic new Lido digs from the Italian government.

Culture minister Francesco Rutelli has officially inked the project, which involves a 2,400-seat space age theater shaped like an upside-down ship to be integrated with the current Fascist-era palazzo.

Idea is to build a facility meant to also serve as a Cannes-like year-round convention center.

The Italo government has now allocated Euros 20 million ($27 million) of the project’s estimated $95 million budget, with the remainder coming from municipal and regional coffers.

Though no start date has yet been set on the new palazzo’s construction, work is now expected to begin after the upcoming Aug. 29-Sept. 8 edition, with 2009 or 2010 as possible completion targets.

More Film

  • Star Wars: The Last Jedi

    'Star Wars: The Last Jedi' Rockets Toward $425 Million Global Launch Weekend

    The Venice Film Festival is forging ahead with its announced new Palazzo del Cinema, having secured partial funding for the futuristic new Lido digs from the Italian government. Culture minister Francesco Rutelli has officially inked the project, which involves a 2,400-seat space age theater shaped like an upside-down ship to be integrated with the current […]

  • 'Jumanji: Welcome to the Jungle' film

    Dwayne Johnson, Kevin Hart's 'Jumanji' Maintains 'Soul' of Robin Williams Original

    The Venice Film Festival is forging ahead with its announced new Palazzo del Cinema, having secured partial funding for the futuristic new Lido digs from the Italian government. Culture minister Francesco Rutelli has officially inked the project, which involves a 2,400-seat space age theater shaped like an upside-down ship to be integrated with the current […]

  • Star Wars: The Last Jedi

    Film Review: 'Star Wars: The Last Jedi'

    The Venice Film Festival is forging ahead with its announced new Palazzo del Cinema, having secured partial funding for the futuristic new Lido digs from the Italian government. Culture minister Francesco Rutelli has officially inked the project, which involves a 2,400-seat space age theater shaped like an upside-down ship to be integrated with the current […]

  • Ari Sandel Goosebumps

    Ari Sandel Tapped to Direct 'Goosebumps' Sequel

    The Venice Film Festival is forging ahead with its announced new Palazzo del Cinema, having secured partial funding for the futuristic new Lido digs from the Italian government. Culture minister Francesco Rutelli has officially inked the project, which involves a 2,400-seat space age theater shaped like an upside-down ship to be integrated with the current […]

  • How the Palme d'Or Went Missing,

    How the Palme d'Or Went Missing, Briefly: Star of Cannes Winner 'The Square' Explains

    The Venice Film Festival is forging ahead with its announced new Palazzo del Cinema, having secured partial funding for the futuristic new Lido digs from the Italian government. Culture minister Francesco Rutelli has officially inked the project, which involves a 2,400-seat space age theater shaped like an upside-down ship to be integrated with the current […]

  • Star Wars: The Last Jedi

    'Star Wars: The Last Jedi' Becomes Fandango's Top 2017 Ticket Seller

    The Venice Film Festival is forging ahead with its announced new Palazzo del Cinema, having secured partial funding for the futuristic new Lido digs from the Italian government. Culture minister Francesco Rutelli has officially inked the project, which involves a 2,400-seat space age theater shaped like an upside-down ship to be integrated with the current […]

More From Our Brands

Access exclusive content