https://associacianp.squarespace.com/s/Slovakia_AV-industry_measure-impact-estimate.pdf
Estimated overall decline of the Slovak audiovisual industry in 2020 due to COVID-19 is 58 830 000 EUR, thereof:
Estimated financial fallout in audiovisual production: 43 000 000 EUR
Expected fallout in film distribution (net income): 15 830 000 EUR
Public and Commercial Broadcasters
Estimated fallout in income in the audiovisual production sector in 2020 is 48 – 67 mil EUR, i.e. this sum of resources from TV broadcasters will not flow into the Slovak audiovisual environment. In addition, TV broadcasters are the biggest contributors to the public Slovak Audiovisual Fund (60% coming from the private sector, annually approx 1 700 000 EUR; expected fallout in 2020 is 500 000 – 600 000 EUR).
At the outset of COVID-19 and the introduction of the protective IPC measures, commercial TV broadcasters employed or commissioned approx. 6 000 employees, self-employed persons and further directly dependent companies, which in turn create additional employment opportunities for the self-employed persons and directly dependent companies within the structure of the audiovisual industry. These groups of film professionals are currently under serious threat.
Foreign audiovisual production
As based on the data provided by the Slovak Audiovisual Fund, expected foreign production investment to Slovak audiovisual industry in 2020 was estimated at 3 000 000 EUR. If the production does not re-start and cross-border collaboration is not re-opened, Slovak economy will not gain the estimated amount of financing.
Impact on film distribution revenues:
As based on the daily average revenues in 2019, losses recorded by the sector of film distribution in Slovakia to April 22, 2020, i.e. after 43 days of closed cinemas, was 4 287 276 EUR. During the monitored period, cinemas (as the most important part of the audiovisual infrastructure) were severely threatened. Should cinemas remain closed until the end of June 2020, the loss estimate is 11 432 736 EUR, bearing in mind that even after loosening the measures and re-establishing the organisation of cultural events, cinema attendance is expected to be deep under average, not to mention all required hygienic (and distancing) measures that will need to be adopted by the cinemas.
Estimated fallout in revenues from film distribution in 2020 of 15 000 000 EUR is a rather conservative calculation, not a overvalued guess. Furthermore, addition income fallout is to be considered (refreshment sales, advertising, rentals) in an estimated amount of approx. 4 000 000 EUR.
Expected gross revenues in film distribution and related services in 2020 is 53 000 000 EUR, with calculated fallout by 19 000 000 EUR (36%).
On April 2, 2020, a temporary working group was established at the Ministry of Culture of the Slovak Republic to deal with the consequences of spreading of COVID-19 in the cultural sector, the audiovisual sector being represented by the Association of Independent Producers (ANP), Creative Industry Forum (CIF), Slovak Film and Television Academy (SFTA) and the Slovak Audiovisual Fund (AVF) among others.
A proposal of measures for the audiovisual sector in relation with the COVID-19 crisis was presented to the Slovak Ministry of Culture by ANP, CIF and SFTA, listing suggested measures divided into 3 time-defined parts: immediate, short-term and mid-term measures all to be employed in order to secure immediate help to the audiovisual sector and in the long run to recuperate the audiovisual sector after the COVID-19 crisis.
The proposal is to be discussed within specialized working groups with the aim to come up with a realistic arrangement of measures to be presented to the Slovak government. Audiovisual sector is represented in both the AV working group and the cross-industry Creative Industry working group.
Currently, the first stage of state support to small entrepreneurs and artists is being employed in the form of financial support based on the fallout of their income since March 13, 2020 (implementation of IPC measures in Slovakia).
Source info: Association of Independent Producers
