After the brilliant Hollywood filmmaking in Rome in the 1950s and 1960s, Italy once again became a magnet for international works, especially from Hollywood. The main driver is the combination of tax incentives in the country and Rome’s Cinecittà Dudio, the studio is being renovated and is now the most advanced digital age facility.
That's the main gain of a group variety Global Dialogue Summit at the Cannes Film Festival.
Nicola Borrelli, head of the film department of the Italian Ministry of Culture, detailed the country's 40% discount on international film and television programs. “In Italy, each company has €20 million ($22 million) per year,” he said. However, Borrelli added, “there is no ceiling for every project.” So there are many international shoots that have higher budgets and can be used with different companies.
This is another big plus that the discount in Italy has to offer. Although other countries offer similar tax credits, “In Italy, we have a 70% tax credit that can be used immediately during shooting. This is the cash back you set out,” Borrelli notes.
Francesca Rotondo, sales and business manager at Cinecittà highlighted that the iconic facility is adding five studios to bring the total number of sound stages from 19 to 24. Among them is a new studio of over 38,000 square feet, 22, which will host Mel Gibson’s “Resurrection of Christ” in September, and Cinecittà’s Studio 18, home to Europe’s largest and most modern LED walls.
Steve Jelley, producer and co-CEO of London-based Dimension Studio, recently teamed up with Cinecittà to help make it a major virtual production destination, said when he arrived at Cinecittà Lot to work with Roland Emmerich in his Gladiator series, “40% of the departments that are about to die don’t have an open start, he didn’t realize there are a lot of inspiring movements and there are many inspiring movements all over the action, including the action that is known as the action of AT, which is numerous. Yes. The combination of these elements allows Emmerich to shoot a 10-episode series in six months.
In recent headlines of American sci-fi thrillers Luke Newton and Luke Newton ("Bridgerton") and Lucy Hale and Lucy Hale ("Pretty Little Little Liars"), filmed recently parcels on Cinecittà and set up unspecified Sci FI features in South arctica, both of which use the Led Wall profence of Cinecitt-theatre Theatre the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecitt-the Cinecit parded.