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Rai Cinema
Italian production company From Wikipedia, the free encyclopedia
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Rai Cinema S.p.A. is an Italian film production company owned by RAI, the national public broadcaster of Italy. Since its inception, the company has invested nearly €1 billion in the production of over 900 films.[2]
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History
Rai Cinema was formed as a spin-off of RAI's former Acquisto, Produzione e Vendita (APV) branch. The company was incorporated on 1 December 1999, and operations commenced on 1 June 2000.[3][4] Giuliano Montaldo was appointed its first president, a role he held until 2004.[5][6] Franco Scaglia took over following Montaldo's departure, and remained in the position until 2013.[7][8] Paolo Del Brocco was elected CEO in 2010.[9][10]
By 2010, Rai Cinema had contributed to the production of over 300 films, investing a total of €425 million.[11] In 2004, the company invested around €30 million in production costs for its films. That figure increased to €45 million in 2010 and €65 million in 2015.[12][13] In May 2018, Rai Cinema joined the Globalgate Entertainment consortium.[14] In 2022, the company invested €85 million in the production of 80 films.[15]
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Divisions and subsidiaries
01 Distribution
01 Distribution, a film distribution company, was founded in 2001 from a joint venture between Rai Cinema and French production and distribution company StudioCanal.[16] StudioCanal divested itself from the venture in June 2003, and Rai Cinema acquired its 50% stake to become the sole owner.[17][18] In 2010, Rai Cinema merged with 01 Distribution, with the latter becoming a division of the former. By that year, 01 Distribution had distributed a total of 240 films since its inception, 130 of which were Italian productions; they totaled 75 million admissions and €440 million grossed at the box office.[11]
Rai Cinema International Distribution
Rai Cinema International Distribution, a standalone international film sales company, was launched by Rai Cinema in February 2024.[19][20]
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References
External links
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