Magazine article Screen International

Spain's Alta Films Faces Closure

Magazine article Screen International

Spain's Alta Films Faces Closure

Article excerpt

Leading Spanish distributor, exhibitor and producer Alta Films is facing closure, according to CEO Enrique González Macho.

"We have reached a point of no return," Macho told Spanish newspaper El País.

"We've come this far, but people have stopped going to the movies, DVD is ruined and the broadcasters -particularly our public broadcaster - are no longer supporting Spanish cinema or art house in general."

Alta Films, founded in 1976, has been struggling but news of an imminent closure has come as a shock to the Spanish market, while 39 employees are facing redundancy.

Macho added that the rise of VAT on tickets to 21% - up from 8% - has hit cinema hard.

The exhibition business, through Renoir cinemas, has been steadily decreasing over recent months from 200 screens to just 20.

Enrique González Kuhn, head of Alta Films, told ScreenDaily: "We will shut unless a miracle occurs. The Government has done nothing about piracy and broadcasters just don't buy European cinema. …

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