Rio de Janeiro · Economy
—The plan. Rio’s mayor announced a 225-million-real package, about forty-five million dollars, to fund culture and the audiovisual industry through 2028.
—The pace. Roughly thirty million dollars is earmarked for this year, with the balance spread across the following two years.
—The mechanism. A new rolling grant system will run four selection rounds a year, picking up to eight projects each, to speed approvals and payments.
—The base. Rio already accounts for the bulk of Brazil’s domestic-cinema audiences and box office and is home to the country’s largest broadcaster.
