Wednesday, October 1, 2014

The SGAE figure by 18.5% loss of cinema because VAT … – RTVE

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Future open – VAT culture – 01/05/14

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In 2013, 17.8 % of viewers stopped going to the movies causing a decrease of 18.5% in the collection. ‘This is reflected in data from the Yearbook has presented Wednesday the General Society of Authors (SGAE).

For individuals, consuming culture is to grow but also spend money. During times of crisis, television and radio inevitably become an alternative to payment that involves going to the movies, attend theater or musical performances, and even more so considering the price increase after the entry into force in 2013 of cultural VAT of 21%.

Antonio Onetti, Chairman of the Foundation SGAE, considered that the expected increase in the State Budget for 2015 is not enough “after a decline of 25%” last year: “It is far from the figures that the culture needs,” said

According to the document, the collection of popular live music (including macrofestivals) has also declined by 13.6% from the previous year to reaching 148.4 million euros. The number of spectators was revised down by 11.4% , with 22.8 million people attending these shows.

The industry suffers and cultural consumption continued to decline during 2013 a “bad year” for culture, which consolidates the trend in 2008 accumulated losses from sales of 30%, and has been especially negative for sectors such as film and music popular front of the TV and radio become an alternative to leisure when the viewer needs to save. TV consumption has increased since 2008 by 7.5% surpassing last year in 17 minutes the average daily per capita. However, advertising revenues have been reduced in the last five years at 44.7%.

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