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.

March 12, 2024
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