They also warned about the consequences of the omnibus law for the Mar del Plata International Film Festival.
He National Audiovisual Space (EAN)made up of different groups in the sector, warned today that the omnibus bill sent by the Executive Branch to Congress “puts at risk the continuity of the Argentine cinema and if the proposal moves forward,” the activity “will cease to exist.”
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“The project not only modifies the administrative composition of the National Institute of Cinema and Audiovisual Arts (Incaa)but also takes away a significant portion of your incomeby limiting them to only 10 percent of movie ticket sales, eliminating 25 percent of what Enacom charges to television stations,” the EAN states.


“In addition, although it stipulates that at least 75 percent of Incaa funds must be allocated to the promotion of audiovisual production, it limits it to one project every two years per production company,” he adds.
Other outstanding points of the bill are the opening of credits to produce, but with a “market” rate, according to the text submitted on Tuesday to the Lower House of the National Parliament, they complain.
The consequences of the omnibus law for the Mar del Plata International Film Festival
The EAN also noted that, if approved, “the Mar del Plata International Film Festival (the only Class A in Latin America, a qualification it shares with Cannes, Venice and Berlin, among others), the Ventana Sur International market (the most attended by the region) and the Enerc film school are at risk of being defunded and disappearing“.
In the statement, the association commented that the audiovisual industry “generates genuine work for more than 600,000 people and represents 5.2 percent of the economy” directly and indirectly.
EAN is made up of the Association of Independent Audiovisual Media Producers (APIMA), Argentine Cinematographic Directors (DAC), the Independent Cinema Project (PCI), and the General Society of Authors of Argentina (Argentores).
Source: Ambito

I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.