Factsheet for measure
IT-2021-22/2058
– measures in Italy
Entertainment, cinema and audiovisual emergency fund
Fondo emergenze spettacolo, cinema e audiovisivo
Background information
In order to support the economic activities in the entertainment, cinema and audiovisual industries damaged following the containment measures of COVID-19, the Law Decree no. 18, issued on 17 March 2020 (article 89), converted into the Law no. 27, issued on 24 April 2020, established two funds for emergencies in the sectors of entertainment, cinema and audiovisual. The Law Decree no. 73, issued on 25 May 2021 (article 65), provided further financial resources to the fund, given that the prolonged closure of the activities has severely impacted on these sectors.
Content of measure
The Law Decree no. 18, issued on 17 March 2020 (article 89), converted into the Law no. 27, issued on 24 April 2020, established two funds for emergencies in the sectors of entertainment, cinema and audiovisual at the Ministry for the Cultural and Touristic Activities. One fund is devoted to the current ordinary expenses, with a total endowment amounting to €130 million for the year 2020; the second fund is devoted to the non-repayable capital intervention, with a total endowment amounting to €50 million for the year 2020.
The Law Decree no. 73, issued on 25 May 2021 (article 65), provided further financial resources to these funds, respectively: €47.85 million to the first fund for the year 2021; €120 million to the second fund for the year 2021.
Use of measure
Data on the use of the measure is not yet available.
Target groups
Actors and funding
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Actors
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Funding
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National government
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National funds
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Social partners
Social partners' role in
designing the measure
and form of involvement:
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Trade unions
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Employers' organisations
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Role
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No involvement as case not in social partner domain
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No involvement as case not in social partner domain
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Form
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Not applicable
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Not applicable
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Social partners' role in the
implementation, monitoring and assessment phase:
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No involvement
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Main level of involvement: N/A
Involvement
The social partners have not been involved.
Views and reactions
The social partners have not been involved.
Sectors and occupations
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This case is sector-specific (only private sector)
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Economic area
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Sector (NACE level 2)
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J - Information And Communication
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J59 Motion picture, video and television programme production, sound recording and music publishing activities
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J60 Programming and broadcasting activities
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R - Arts, Entertainment And Recreation
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R90 Creative, arts and entertainment activities
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This case is not occupation-specific.
Sources
