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Cinecittà, the resignation of president Chiara Sbarigia arrives

The step back was communicated in a letter and motivated by the desire to devote himself to the Apa presidency and the presidency of the Maximo Foundation. But there is a mystery about the poisons of recent weeks linked to problems with the Mic

by Andrea Biondi

La presidente di Cinecitta' S.p.A., Chiara Sbarigia, durante la presentazione della 70/ma edizione dei premi David di Donatello a Cinecitta', Roma, 07 aprile 2025.   ANSA/ETTORE FERRARI

3' min read

3' min read

Another shake-up at Cinecittà. The resignation of Chiara Sbarigia, president of the public company - whose sole shareholder is the Ministry of Economy and Finance and shareholder rights are exercised by the Ministry of Culture, in agreement with the MEF - that manages the studios of the citadel of cinema in Rome, arrived on the evening of comenica.

"After the highly successful conclusion of the Italian Global Series Festival, which has just been held in Rimini and Riccione, in view of the ever-increasing commitments that the office of President of the Audiovisual Producers Association entails in this complex historical moment of great transformations, I have decided to concentrate my commitment in the presidency of Apa and to run for the presidency of the 'Maximo Foundation', which we are setting up with Agis and which will lead the Festival, representing for the audiovisual industry what the David di Donatello awards are for Cinema".

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This is the official note that clashes, however, with reconstructions that even the Ministry of Culture has hastened to define as 'misleading', but also with many other elements, not least an interview in last Tuesday's Sole 24 Ore in which the now former president of Cinecittà - who still remains at the head of Apa, the association that brings together audiovisual producers - defined the double role linked to the two presidencies as 'an opportunity', which has long been the subject of controversy and criticism from those who have put on the table the accusation of a conflict of interest.

Thanks for the work carried out also came from the Mic, but rumours go in the opposite direction and tell of a somewhat tense last few weeks with Minister Giuli himself allegedly asking for a step back. What precipitated the situation - according to reconstructions - was the issue linked to a collaborator who allegedly proposed to journalists paid moderations at conferences in exchange for an eye on the alleged conflict of interest of the president of Cinecittà and for the undersecretary of the Mic Lucia Borgonzoni, leaving them free to attack the minister if necessary. Too heavy words that would not be denied and hence the pressure for resignation.

Up to this point, the reconstruction, defined, as said, as fuorbviante by the Ministry. All this while today, as planned, the head of the ministry, Alessandro Giuli, will be visiting Cinecittà itself.

The company led by CEO Manuela Cacciamani recently gave the go-ahead for a business plan that envisages a surge in revenues - from EUR 26.7m in 2024 to EUR 51.9m in 2029 - and a return to net profit after the recent red closures: EUR 4.3m in profits against a loss of EUR 11.6m in 2024. Ebitda, currently negative, should settle above EUR 6 million, with a margin of 7.5%. All this starts from a framework in which the accounts, declared in profit by the previous management, have been reconsidered by the new board after initial analyses. In the previous management, the CEO was Nicola Maccanico, who in the meantime has come out in the wake of this accounting situation contested by the new board, but the president was still Chiara Sbarigia. Who has resisted. Until now.

 

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