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Cinema Paradiso faces funding shortfall after state cut; CRA to explore short- and long-term options
Summary
Cinema Paradiso told the Hollywood CRA on Jan. 15 it faces a $50,000–$80,000 operating shortfall after a reduction in state cultural funding; the CRA will work with the owner and Broward Film Society on short- and longer-term options.
Cinema Paradiso, the downtown film venue on Hollywood Boulevard, informed the Hollywood Community Redevelopment Agency on Jan. 15 that a recent state funding cut has produced a shortfall in the range of $50,000 to $80,000 and could imperil the theater’s near-term operation.
The Broward Film Society, which operates Cinema Paradiso and a sister venue in Fort Lauderdale, has said it will prioritize the Fort Lauderdale site and is weighing options for the Hollywood location. CRA staff said the organization previously benefited from CRA marketing support but that a 2019 change in state law restricts the CRA’s ability to provide certain marketing subsidies. Board members asked staff to work with the landlord, Ken Siegel, the Broward…
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