Digitalized at Last! Latin American Rollout Finally Gains Momentum (original) (raw)

AI-generated Abstract

Latin America's journey toward full digitization of its cinema screens is nearing completion, with an impressive regional average of 80% digitization despite low levels in specific markets like Brazil and Argentina. The acceleration of this process was notably marked by the adoption of the Virtual Print Fee (VPF) in 2014, facilitating the conversion of a significant number of screens, particularly through major integrators like Arts Alliance Media and GDC. Despite the progress, challenges remain for local filmmakers, who face unique financial burdens that complicate the commercialization of their works.