Cinecittà

8 September 2023

Cinecittà once again at the heart of talent

Cinecittà has eturned to being what the world knows about it: a place where cinema, audiovisual, creativity, and stars converge.

In 2021, Cinecittà announced the beginning of a new industrial and productive era for its film studios. Now, the announcement has been confirmed by figures and productions attesting to its industrial and market consolidation: Cinecittà has once again become fully competitive and appealing for domestic and international production companies. It has returned to being what the world knows about it: a place where cinema, audiovisual, creativity, and stars converge. Cinecittà is again at the heart of talent, the home of global creativity that welcomes stories and those with the talent to tell them.

THE FIGURES
A few figures: this year, Cinecittà has approved the 2022 financial statement with a net profit of over 1.8 million euros, a positive result one year ahead of the forecasts of the 2022-2026 industrial plan, with a turnover of 39 million, more than doubled compared to 2021. Like in 2022, 2023 has been recording excellent occupancy of all soundstages engaged in films, television series, and commercials, 70% of which are international productions. A total of over 50 productions has channeled a turnover of thousands of workers to the studios daily. The new Cinecittà at the heart of the market is an evident driving force of the “Made in Italy,” hosting global productions signed by great filmmakers, stars, and evident professionalism that travel on screens worldwide with positive repercussions on the economic and employment ecosystem.

TITLES & STARS 
An emblematic result of this positive trend is attested at one of the main international film events, the Venice Film Festival, where four films selected in the Official Competition category were shot in Cinecittà: Comandante by Edoardo De Angelis, Finalmente l’alba by Saverio Costanzo, Adagio by Stefano Sollima, Enea by Pietro Castellitto, titles with an international productive and creative ambition.
Among the filmmakers hosted by Cinecittà in recent months, Luca Guadagnino, Anthony Hopkins, Daniel Craig, Angelina Jolie, Saverio Costanzo, Ralph Fiennes, Stanley Tucci, Charlize Theron, Uma Thurman, Denzel Washington, Roland Emmerich, Edoardo De Angelis, Willem Dafoe, Salma Hayek, Luca Marinelli, Joe Wright, Kasia Smutniak, Marco Bellocchio, Lily James, Joe Keery, Nanni Moretti, Paola Cortellesi, Pierfrancesco Favino, Edward Berger, Stefano Sollima, Adam Driver, Gabriele Salvatores, Valerio Mastandrea, Margherita Buy, Luca Zingaretti.
Among other most recent productions or recently wrapped in Cinecittà, THOSE ABOUT TO DIE by Roland Emmerich starring Anthony Hopkins, two films by Luca Guadagnino – QUEER starring Daniel Craig and CHALLENGERS with Zendaya – Gabriele Mainetti’s latest works starring Marco Giallini, and Gabriele Salvatores’ starring Pierfrancesco Favino, THE FIRST OMEN by Richard Donner starring Bill Nighy, C’È ANCORA DOMANI by and with Paola Cortellesi, as well as those soon to be released: WITHOUT BLOOD by Angelina Jolie starring Salma Hayek, DOMINA 2 by David Evans and Sallie Aprahamian starring Kasia Smutniak, Matthew McNulty and Claire Forlani, CONCLAVE by Edward Berger starring Ralph Fiennes, Stanley Tucci, John Lithgow and Isabella Rossellini, M. IL FIGLIO DEL SECOLO by Joe Wright starring Luca Marinelli, RIPLEY by Steven Zaillian starring Andrew Scott and Dakota Fanning, THE DECAMERON by Michael Uppendahl starring Leila Farzad, Saoirse-Monica Jackson and Tony Hale, THE OLD GUARD 2 by Victoria Mahoney starring Charlize Theron and Uma Thurman.

RELIABILITY, PROFESSIONALISM, ACCESSIBILITY
These global productions have landed at the Via Tuscolana studios thanks to its reliability, first-rate professionalism, desirable location, and a frontline technological overhaul promoted by the new industrial plan, as proven by the excellence of the T18, a smart stage with LED wall for virtual filming among the largest in Europe where all sorts of settings can be created. Inaugurated in 2022, the T18 has already been exploited with complete satisfaction by Roland Emmerich, Angelina Jolie, Joe Wright, and Pietro Castellitto. At the same time, Lumina – a studio complex run by Cinecittà to respond to the growing production demand – is operating at full capacity. The Lumina soundstages have also been designed for unscripted works, television shows, and events such as the 2023 David di Donatello ceremony. An additional resource offered by Cinecittà to production companies together with a business line based on the recycling and reselling of set designs with the purpose of reusing large stage constructions, allowing for a budget cut and honorable green practice. Cinecittà has put a focus on this sort of organization to increase accessibility for all productions of all audiovisual genres so that any project may find a feasible space.

INTERNATIONAL ATTENTION
In the last year, Cinecittà’s new course has attracted the attention and interest of media from all over the world, with important visibility return in international newspapers: from the front page of the New York Times to articles in the Guardian and the Sunday Times – just to mention the most important US and English newspapers, from reports in Japan and China to main sector magazines, the return of stars to the Roman studios from all over the world has been followed with great participation, proving that Cinecittà has once again become one of the best-known Italian brands on an international level.

THE RECOVERY PLAN
The market consolidation of the company’s industrial strategy goes hand in hand with the Cinecittà Recovery Plan path, an ambitious project to develop the Studios in terms of production capacity, cutting-edge technology, and environmental sustainability by 2026. Presently, Cinecittà is on time with the intervention schedules requested by the European targets: the tender notices for the construction of new stages and the renovation of existing ones were published by December 2022; by June 2023, all contracts with the assigned companies were signed within the expected timeframe. The procedures and timescales necessary to achieve the target of 30 June 2026, which provides for the conclusion of the investment, were respected. More specifically, the plan will lead to the construction of 5 new soundstages, the renovation of 4 existing stages, and the rationalization of the backlot (the Studio’s large outdoor set area). In 2026, Cinecittà will have 25 active soundstages and an increase of over 60% of production capacity. Furthermore, the renovation and efficiency improvement of all stages, the digital enhancement of the entire venue, and increased services to support production companies.

With further focus on the future, Cinecittà keeps a watchful eye on the climate and environment. For this reason, the company has implemented a dedicated program, ‘Cinecittà Regeneration,’ a series of measures and policies based on scientific principles and international standards, with the aim not only of progressively reducing environmental impact and achieving zero net emissions but also of achieving a more ambitious one: the implementation of a circular and regenerative approach. The economic and productive initiative coincides with environmental needs. In this regard, Cinecittà wants to be a model for the entire creative industry for the next few years, paving a green and sustainable path for all audiovisual productions. A sustainable approach that also embraces the theme of inclusiveness so that no obstacle may lie in the way of the narration of any kind of vision.

CINECITTÀ: A SUMMARY
• Over 80 years of experience in film and television production
• +75% stage occupancy in the last 2 years
• In 2022, balance surplus for the first time in ten years
• More than 50 major domestic and international productions from September 2021
• 20 soundstages (to become 25 at the end of the Recovery Plan investment) including one of the largest LED Volume stages in Europe for Virtual production
• 4 soundstages at the separate site of Lumina Studios
• 3 permanent sets (Ancient Rome, Urban American District, 20th Century)
• Over 8 hectares of backlot area
• +300% revenues from the Art and Set Constructions Departments thanks to the synergy between traditional craftsmanship and modern technologies, allowing for the creation of extraordinary sets, internationally appreciated
• 70 post-production video and audio titles
• Reopening of the 35mm and 16mm film development laboratory


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