Citadel doesn’t premiere on Amazon Prime Video until April 28, but the spy thriller starring Priyanka Chopra Jonas and Richard Madden is set for a second season, and it’s coming to California.
31.03.2023 - 15:33 / deadline.com
Italy’s Cinecittà studios have returned to profit one year ahead of the schedule set in its 2022 to 2026 industrial plan, aimed at returning the facility to its former glory as a major international filming hub.
It is the first time the complex’s results have been in the black since it was taken back under state control in 2017, after being run into the ground under private ownership for more than two decades.
Parent body Cinecittà S.p.A announced a $1.9 million (1.8 million euros) net profit for 2022, and a doubling of turnover to $42 million (39 million euros) against 2021, mainly on the back of a raft of bookings for the facilities.
The company said the complex had been booked to above 75% capacity in 2022, against 31% in 2021, a trend that has continued into 2023.
Detailing the $42 million turnover, Cinecittà S.p.A said $39.2 million (34.5 million euros) was related to the soundstages, venues, and set designs, with $21.6 million (19 million euros) within that figure linked to the art department and scene construction.
Post-production had generated $4.09 million (3.6 million euros), while the permanent public-facing Cinecittà Shows Off exhibition brought in $971,177 (854,000 euros).
Its institutional divisions which include the Luce Archive had brought in revenues of $2.7 million (2.4 million euros).
Under the industrial plan, involving $290 million (€260 million) worth of investment, five new studios are due to be built on the existing Cinecittà site to increase total studio space to 65,000 square feet from the current 26,000 square feet.
Another four existing studios will be refurbished and there are plans to build a further eight sound stages on a site close to the original complex.
The plan also includes
Citadel doesn’t premiere on Amazon Prime Video until April 28, but the spy thriller starring Priyanka Chopra Jonas and Richard Madden is set for a second season, and it’s coming to California.
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