News

Cinema, Film Market, Data on Cinema in Theaters in 2024

The Italian film market and the characteristics of the cinema audience in 2024 In 2024, the Italian box office grossed over €493.9 million for a number of attendances equal to approximately 69.7 million tickets sold. This is a result in line with 2023 (-0.4% takings and -1.3% attendance), despite the international product offering conditioned by last year's strikes and the strong competition from major sporting events during the summer, which confirms the newfound solidity of the market in the path of growth and recovery from the pandemic years. The box office data for Italian productions (including co-productions) are also in line with the...

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Energy, Hydroelectric Assets, Industrial Policies, Energy Release

Indications from Confindustria Italia Separate the valorization of long-term negotiated energy from that of the spot market “It is not clear why Italy should follow a different path of liberalization compared to other countries. It is necessary to defend hydroelectricity from foreign competition”, thus the Delegate of the President of Confindustria for Energy, relaunches the appeal to the government on hydroelectricity to protect the safety and competitiveness of the sector. There are many risks for Italy, “an operator can decide who to give energy to. And a foreigner – Regina underlined – would feel fewer constraints towards a market” different from his own...

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Intellectual property, Copyright and generative AI, Music and audiovisual sectors, Economic values ​​in the next five years

GEN AI: 22 billion in copyright collection at risk in five years CISAC economic study published. Lack of rules for the protection of creators' rights and transparency rules. CISAC (the International Confederation of Societies of Authors and Composers, representing over 5 million creators) has released the first ever global study on the economic impact of AI on the music and audiovisual sectors. Generative AI is estimated to enrich technology companies but significantly undermine the earnings of human creators over the next five years. In fact, it is estimated that the market for musical and audiovisual content generated by AI will grow from the current 3...

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Industry, Big Enterprises, Production, expectations worsen in November

The November survey signals a marked worsening of expectations among the large industrial companies associated with Confindustria. Almost half of the companies interviewed (46.9%) expect a moderate or significant contraction in industrial production compared to the previous month. However, the percentage of companies that estimate stable production remains high, standing at 46.8%. Only a small share, 6.3%, hypothesizes a moderate increase in production activity, while none predicts a significant increase, marking a negative picture after months in which production was considered stable or growing (Graph 1). According to industrialists, demand and orders are confirmed to be the main strengths supporting production in the coming months. The balance between...

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Administrative, Energy from renewable sources, Agreement with GSE, Council. State, Section II, 23 October 2024, Judgment no. 8497

Incentives for the production of energy from renewable sources and obligation of "in transit" companies to sign the agreement with GSE ELECTRICITY AND ENERGY IN GENERAL - RENEWABLE ENERGY - INCENTIVES - GREEN CERTIFICATES - INCENTIVE TARIFFS - AGREEMENT WITH THE ENERGY SERVICES MANAGER In the context of the replacement of a national support regime for electricity produced from renewable sources based on quotas of such electricity to be injected into the national grid and on the granting of green certificates to companies that produce said electricity (provided for by the legislative decree of 16 March 1999, n. 79 and by the...

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International Audiovisual Market, Co-production, The numbers as of October 2024

Tenth edition of Mia Over 100 audiovisual works produced in 10 years of the co-production market, record number of applications with 600 projects received from 90 nations from all continents, meetings, panels and events, keynotes and showcases for 60 Italian and international titles among the most anticipated of the next season between Animation, Doc & Factual, Drama and Film; an Innovation program for the creative industries and a showcase with 13 immersive works. Born in 2015 to support the internationalization of Italian audiovisual companies, the MIA has grown to become a fundamental event for the global audiovisual industry, a curatorial market that...

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Corporate Law, Enhanced Voting Shares, Stable Shareholders

European law is moving towards plural voting The "stable shareholders": multiple voting and increased voting The issue of enhanced voting shares is constantly evolving in Europe between competing jurisdictions. The dual structure introduced in Italy in 2014 for listed and unlisted spas is confirmed with the "Capital Law" of 2024, which increases the number of votes achievable with a single share or with its prolonged ownership. But many problems that have already arisen remain unchanged and others are added: here are some hypotheses for regulatory improvement that take into account the most recent studies and the proposals present in the Listing Act Package. Passim The innovations...

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Italian industry, Export, Potential for our economy, Agreement between the EU and Mercosur

“We must seize this moment. The potential for our economy is substantial, the Latin American area is culturally close to us, the common roots are important. We can perceive the affinities and the desire to do business with Italian companies. We must move now, as Italy and as Europe. And it is essential to implement the agreement between the EU and Mercosur: it would open up preferential access for our companies to an area of ​​270 million consumers. Otherwise we leave the field open to others, starting with China which is already expanding its presence." Thus the Vice President of...

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Administrative, Public contracts, works contracts, temporary grouping of companies, Cons. Stato Sez V, 2 August 2024, Judgment no. 6944

On the legitimacy of the exclusion of a temporary grouping of companies if there is an exclusionary cause that concerns one of its members, unknown to the other members, which occurred before the deadline for submitting offers Public contracts and public administration obligations – Works contract – Tender – Temporary grouping of companies – Participation requirements – Exclusion – Good faith – Expulsion and replacement of the principal If, before the submission of the offer, an excluding cause occurs in relation to one of its components, the temporary grouping of companies is required to communicate to the contracting authority, when submitting the...

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Italian audiovisual industry, Production in 2023

The Ministry of Culture presented, as part of the initiatives at the Italian Pavilion on the occasion of the 81st Venice International Film Festival, the report THE NUMBERS OF ITALIAN CINEMA AND AUDIOVISUAL – Year 2023. Below are the links to the documents presented and a summary of the main results published by the Cinema and Audiovisual Directorate General of the Ministry of Culture. Report “Cinema and audiovisual numbers – Year 2023” Italy's cinema and audiovisual industry in numbers – 2023 (Executive summary EN) Presentation “Italian cinema and audiovisual numbers – Year 2023″ – IT Slide “Italy's cinema and audiovisual industry in numbers – 2023” EN The main results Cinema Production The...

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