Medium-sized cinemas in Germany fear for their economic future because of Corona.
“A large proportion of German film theaters cannot survive the current crisis without state financial aid,” the cinema operators announced on Tuesday. Due to the closure of the cinemas in mid-March and the hesitant reopening since mid-May, all cinema operators recorded a massive drop in sales and were in a sometimes dramatic liquidity situation. “Numerous medium-sized and family-run film theater companies therefore see their life’s work threatened,” it continued.
In an open letter to Minister of State for Culture Monika Grütters (CDU), they therefore demand economic aid and a cinema summit. “Without the support of the federal government there will soon be no films, no visitors and no more cinemas in Germany,” the letter says. Many jobs are threatened. In addition, the consequences for cultural life and the revitalization of the inner cities are irreversible.
The letter was signed by 68 companies which, according to their own statements, have around 1,300 screens across Germany and thus represent a market share of 40 percent. Similar to the overall cinema market, German SMEs are also expecting a drop in attendance of between 50 and 60 percent by the end of the year.
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