We're all for it, if it works:
MADRID – A new row broke out on Tuesday over a controversial new law which is designed to promote Spanish cinema.
The law, which is due to be approved in a cabinet meeting on Friday, will oblige television companies to invest 5 percent of their earnings to promote home-grown productions.
In return, television production companies will get an 18 percent tax deduction.
The law means Spanish channels have to show a quota of Spanish and European films as opposed to Hollywood productions.
One in three must be Spanish or at least European.
Wednesday, March 21, 2007
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