The spanish language biz fears subsidy cut

MADRID -- Spain's new Culture Minister has produced considerable concern within the The spanish language movie industry because it fears for future years of condition film subsidies. Spain's new center-right Popular Party government will "promote sponsorship for culture, progressively changing the present subsidy-based model," Culture Minister Jose Ignacio Wert told The spanish language newspaper El Mundo Wednesday. Wert's words echo the fiscal austerity program guaranteed Monday by Mariano Rajoy because he required over as The spanish language pm. To chop Spain's deficit to 4.4% of GDP in 2012, Rajoy stated The country will have to slash Euros16.5 billion ($21.5 billion) of public expenditure the coming year. Spain's central government subsidy fund was at $100 million this year. Most producers expect some kind of reduction for 2012. The things they fear, however, is really a total dismantlement of the system still vital for you to get films produced in The country. "Before wrecking the present model, you need to make sure the brand new one works," stated Pedro Perez, prexy of Spain's producers org Fapae. A sociologist and liberal, Wert is really a staunch opponent of piracy: Internet pirates, he authored captured, aren't "Robin Hoods however the new barbarians." He's likely to pass enabling legislation for Spain's lengthy mooted anti-piracy law that will aim to shutter illegal peer-to-peer sites. But, having a full 2012 budget unlikely prior to the finish of March, multiple questions hang over The spanish language condition film funding. Any foreign producer searching to co-produce with The country will discover many local producers reluctant to commit until, for better or worse, heaven clears. Emiliano p Pablos led for this article. Contact the range newsroom at news@variety.com