Romania
[RO] Decrease in Support for the Film Industry
IRIS 2010-1:1/37
Eugen Cojocariu
Radio Romania International
The Romanian Fondul Cinematografiei (Cinematography Fund) could be cut by approximately 40% in 2010. This would be the effect of the decrease in financial contributions from TV advertising and gambling. The Ordonanţa de Urgenţă nr. 77/2009 (Emergency Government Decree no. 77/2009, OUG 77/2009) has cancelled the 4% financial contribution from the profits of the gambling sector which constitutes about 20% of the Cinematography Fund’s budget.
In addition, it is assumed that the Fund will diminish even more (10-20%), because of the decrease in advertising revenues of TV broadcasters due to the financial crisis. The Fund receives 4% of the advertising income of public and commercial TV broadcasters. According to the NCC this accounts for about 53% of the Cinematography Fund.
References
- Guvernul României - Ordonanţă de urgenţă nr. 77 din 24/06/2009 - Publicat in Monitorul Oficial, Partea I nr. 439 din 26/06/2009 privind organizarea şi exploatarea jocurilor de noroc
- http://www.vsc.ro/weblog/wp-content/uploads/2009/06/oug-77-24.06.2009.pdf
- HOTĂRÂRE pentru aprobarea Normelor metodologice de aplicare a Ordonanței de urgență a Guvernuluinr. 77/2009 privind organizarea și exploatarea jocurilor de noroc
- http://static.anaf.ro/static/10/Anaf/legislatie/HG_870_2009.pdf
This article has been published in IRIS Legal Observations of the European Audiovisual Observatory.