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Hong Kong Gives Cash to Shuttered Cinemas
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variety.comVivienne Chow Hong Kong is to provide cash subsidies to cinema operators as the city buckles under the pressure of a fourth wave of the COVID-19 outbreak.
Cinemas were ordered to close in December, causing them to miss the lucrative Christmas and New Year holiday seasons.A one-off payment of HK$100,000 ($12,900) will be paid to each screen at a licensed commercial cinema operating in November, the government announced on Wednesday.
The maximum per circuit is HK$3 million ($387,000). A total of HK$21 million ($2.7 million) is expected to be paid out.Authorities have ordered cinemas to close three times this year, and have paid out subsidies on each occasion.
Read more on variety.com
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