Cinema

Cinecittà: Ministry allocates a further 10 million for activities

From documentaries to the 90th-anniversary celebrations: new funding for the studios. CEO Cacciamani: “All 10 million is for additional activities that are different from those in the annual programme”

 (AdobeStock)

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

A further ten million for Cinecittà. The Ministry of Culture is preparing to increase the funding already allocated to the company for 2026 by almost a third: from 31.5 to 41.5 million. This new injection of public funds comes following the return to profit announced for 2025 and extends support for the activities of the studios on Via Tuscolana.

Approval from the Higher Council

The figures are set out in black and white in the opinion of the Higher Council for Cinema and Audiovisual Media, as reported by Sole 24 Ore. On 14 October, the body gave the go-ahead unanimously, ‘following extensive discussion and detailed, constructive reflections on the effectiveness and sustainability of the resources earmarked for the activities proposed by Cinecittà Spa in the draft allocation plan submitted’, the document states.

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The draft decree allocates half of the additional 20 million already available in the Cinema Fund to Cinecittà. A subsequent measure will be required for the other half. Meanwhile, the way is now clear for the ‘Cittadella del cinema’, whilst there are a further 50 million for the Fund; however, their allocation to specific expenditure categories has not yet been finalised.

Request for a match at the end of September

The request was submitted by the company on 29 September, following an amendment to the annual programme approved by the board of directors. On 8 October, the Cabinet announced the Minister’s approval. The allocation set out in the distribution plan covers the programme of activities, the running of the company and that of the Italian Museum of Audiovisual Arts and Cinema.

Where the funds go

The explanatory report – which has also been reviewed by Sole 24 Ore – sets out the funding allocations. These include documentaries on Italian cultural identity, the “Ricordati ragazza” project to mark the 80th anniversary of the 1946 referendum, the ‘Borghi Risorgimentali’ and the promotion of the Luce Archive, the ‘strengthening of the Italy for Movies portal’ and preparations for Cinecittà’s 90th anniversary in April 2027.

An event on *La Dolce Vita* is planned for December, ‘to be held not only within the Cinecittà Studios, but also at iconic locations associated with Rome’s *La Dolce Vita*, with particular reference to Via Veneto and other areas of the capital of cultural and cinematic significance’.

CEO Cacciamani: ‘New measures’

However, the list of initiatives to be funded from these ten million also includes training and support for staff, post-production technologies and safety. These are activities that could already be included in Cinecittà’s annual plan. This interpretation was rejected by CEO Manuela Cacciamani, who, when questioned by Il Sole 24 Ore, replied that ‘the entire 10 million is earmarked for additional activities that differ from the annual programme. This represents a genuine expansion of activities to be carried out’. These are services provided on behalf of the MIC, she explains, to be accounted for separately from the programme established at the start of the year. “Obviously, these are separate from the commercial activities relating to the management of the theatres and the construction of sets. It is the commercial activities that determine the operating result – whether positive or negative – in the financial statements.”

Cinecittà’s accounts

Which recorded a profit of 1.1 million for 2025, compared with a loss of 11.6 million the previous year (on 5 March, the sole shareholder injected 13 million into the capital account to restore the balance sheet following previous losses attributable to the pre-Cacciamani period). Revenue from sales and services rose from 21.56 to 30.46 million. The 2026 budget had already forecast a profit of 954,632 euros. In September, however, a new request was made. According to reports in Il Sole 24 Ore, this caused some operators within the sector to turn up their noses, as they would have preferred the funds to be channelled directly to businesses in the sector.

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