The British Film Institute has unveiled details of a $39 million recovery fund for independent cinemas hit by the coronavirus pandemic. Details:
The British Film Institute has unveiled details of a £30 million recovery fund for struggling independent cinemas across England, many of which have remained closed since March due to the novel coronavirus pandemic.
The fund — which will administered by the BFI as part of the British government's $2 billion support package for arts and culture — is open to all building-based venues that have a year-round program, with applications open Aug. 10-Oct. 30. Venues can apply to two support packages. From a pot of £3 million , up to £10,000 per cinema is available to help put in place necessary measures to ensure the safety of their workforce and public. From a pot of £27 million , up to £200,000 per cinema is available to help them operate viably under the restricted conditions imposed by the pandemic.
While cinemas in the U.K. have been allowed to reopen for several weeks, many have remained shut due to the increased costs, capacity restrictions and limited availability of new film releases. Those who have opened have struggled to get people through their doors, with many complaining that they have been burning through remaining cash reserves. Of the 775 cinemas in the U.K., 55 percent are independent venues.
“The BFI Screen Sector Taskforce highlighted the huge financial pressures facing cinemas as some of the first cultural venues to reopen with strict social distancing and limited box office takings," said BFI CEO Ben Roberts. "So we really welcome the Government’s culture recovery funding and its vital support for independent cinemas, many of whom will soon be able to provide audiences with a positive and safe cinematic experience.
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