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60% of Canadian independent cinema operators face losses, with two-thirds needing increased public funding to remain operational.
Canada's independent cinema industry is facing a crisis, with 60% of operators surveyed operating at a loss during their most recent fiscal year.
According to a study by the Network of Independent Canadian Exhibitors, two-thirds of the 67 respondents require increased public funding to remain operational.
These theatres estimate needing about $50,000 in additional funding annually for three years to address immediate financial gaps.
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El 60% de los operadores de cines independientes canadienses enfrentan pérdidas y dos tercios necesitan una mayor financiación pública para seguir funcionando.