The Mexican Academy of Cinematographic Arts and Sciences (AMACC), the body in charge of the country’s preservation and development of cinema, said Thursday that it is in a “serious financial crisis” and will suspend the 2023 Ariel Awards, the country’s leading film awards.
The Academy’s coordinating committee, headed by Leticia Huijara, its president, said the body has decided to suspend both the call and registration processes for the Ariel Awards until further notice.
The committee also announced further cuts backs to restructure the central body. “During the coming months, the academy will be redirecting its efforts to reorganize the work through its different commissions, but, above all, to rebuild the finances of the organization,” the Academy statement said.
The AMACC’s statement went on to criticize the Mexican government for what it described as shirking its responsibility to uphold the country’s cultural industries, particularly the nation’s filmmaking community. “The support of public resources has decreased considerably in recent years,” the statement added. “The State, which was the motor and support of the AMACC for a long time, has renounced its responsibility as the main promoter and disseminator of culture in general and cinema in particular.Read more on deadline.com