Italian government launches private equity film fund

By 2004-10-29T04:00:00

In a highly ambitious move,the Italian government is launching a private equity fund to support theItalian film industry.Cinefund will have a targetbudget of Euros 50-70m per year, to be spent on 30 to 40 Italian films andco-productions 'with high box office potential.' The fund will investan average of Euros 1-2m ...

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