Shanghai to Pay Subsidy to Shuttered Cinemas

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City authorities in Shanghai are to be paid a subsidy that partially helps them offset their financial losses caused by the coronavirus outbreak. The move was announced on Wednesday and confirmed b…

The move was announced on Wednesday and confirmed by the Shanghai Municipal Film Administration, which identified the beneficiaries. In all $2.6 million will be paid to 345Payments will be made according to a scale that considers the number of screens at a complex and their 2019 box office.

Since then, attempting to decide a date for re-opening has been a guessing game. The State Council at one point said that they were permitted to do so, but city and provincial authorities have been unwilling to give the local green light.

 

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