Entertainment

Global events, Filmmaster grows and accelerates on foreign and innovation

80% of the receptions of the leading event ceremonies company come from across the border. CEO Abete: 'Ours is an industry that requires expertise and investment'Milan Cortina 2026, for ceremonies Balich, Filmmaster and Casta Diva

by Andrea Biondi

Un momento della cerimonia di chiusura delle Olimpiadi invernali di Milano Cortina 2026, realizzata da Filmmaster all’Arena di Verona

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

For a few minutes, the world stares at the same stage. A flame that is lit, a choreography that crosses the stadium, a collective story that materialises amidst lights, music and moving bodies. It is the moment when a country, or a brand, decides how to show itself to the planet. But behind that perfect instant there is no magic. There is an industry. "It is not soft entertainment," says Antonio Abete, ceo of Filmmaster. "It is a complex industry, which requires skills, technology and financial capabilities."

The great ceremonies - Olympics, Expo, international sports finals - are not improvised spectacles: they are gigantic projects, where hundreds of professionals work for months, sometimes years, to tell a story in a single event that speaks to the whole world.

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Filmmaster is an Italian company that has become a big name in the major events industry. And which has turned this art into an industrial competence. "Being an Italian company is undoubtedly an advantage, especially in a global market, because of our ability to combine aesthetic sense and design rigour". Today, the group has seven locations worldwide and around 180 permanent employees. At peak times - for example during the Olympics - the team can grow to more than 500 people.

The Middle East, Europe, new trajectories in Asia and India: the map of opportunities is widening, together with the operational dimensions of a group that closed 2025 with revenues of 106 million and an Ebitda of 8.5 million, substantially in line with the 100 million revenues and 8.2 million Ebitda of 2024. Filmmaster's journey has led the company to transform itself from an advertising production company into a live entertainment and large-scale ceremonies platform, with an operational presence spread across Milan, Rome, London and the Middle East (Dubai, Riyadh and Dammam). Behind it there are 50 years of activity that has moved from advertising to large events and ceremonies, which are worth 95% of the turnover of this company that is 100% owned by Ien, Italian Entertainment Network, in which the Abete family is the relative majority shareholder.

In this context, one fact is significant: about 80 per cent of the work is done outside Italia. "Internationalisation is not an ancillary strategy, it is the condition to exist in this market".

After all, the world of major events now moves on a precise geography. The Middle East has become one of the centres of gravity: Saudi Arabia, Qatar and the Arab Emirates are investing billions to build a new global identity through sport and culture. "Territoriality counts for a lot," notes Abete, who does not go into predictions related to the conflict triggered by the US and Israeli attack on Iran. The situation is too much in the making to imagine developments. One certainty, however, the Filmmaster ceo does not conceal: 'Having permanent offices and teams in these countries significantly increases the chances of understanding the culture of the territory and, therefore, of participating in projects'.

Meanwhile, the event itself has changed. It is no longer just what happens in front of the spectators present. It is also - and perhaps above all - what happens on the screens of millions of people. Television, streaming, social: every show is created with a global audience in mind. This means technology. And security. If something goes wrong during a live global broadcast, the incident becomes exponential. 'Cybersecurity has become a crucial element,' explains the CEO.

Then there is a decisive issue: investment. Major events require substantial ones and impose financial capacity. The stock exchange? 'It does not seem to us to be particularly suitable for a sector that needs to move with speed and immediacy on strategic decisions'. On the other hand, adds Abete, 'we are however open to possible investors as long as they are truly enabling and able to support growth, technology and working capital'.

The calendar is full: final of the Libertadores Cup in Uruguay, Asian Football Cup 2027 in Arabia, projects in Qatar, various initiatives in the Far East. The next appointment, after the closing ceremony of the Winter Olympics in Milan Cortina is for tomorrow at the Arena in Verona. Two years of work, Abete specifies, for the opening ceremony of the Paralympics in Milan Cortina. 'Our job is to turn an idea into a memorable experience. But without ever losing sight of sustainability and industrial solidity'.

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