The Australian government is committing $20 million to assist independent cinema operators.
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The SCREEN Fund will assist our local independent cinemas who have experienced significant decline due to the pandemic, with a one-off business continuity grant of up to $85,000.
The fund will support local cinemas like the Plaza Theatre at Laurieton and 390 like it across the country.
I know from my discussions with David that the pandemic has had a devastating impact on cinemas, which have struggled to recover due to circumstances that were out of their control, such as capacity restrictions and a reduced flow of new release films by major distributors.
Independent cinemas represent around 30 per cent of the cinema exhibition sector in Australia, and play a key role in supporting Australian made movies as well as providing a popular, low-cost and COVID-safe way for people to go out and enjoy a movie as part of a community - particularly in regional areas.
The SCREEN Fund builds on the government's investment of over $800 million in additional arts and entertainment funding announced in 2020, on top of its annual investment of around $750 million in regular funding.
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