Questions Arise About Accounting Irregularities at Rome’s Famed Cinecitta Studios

Story by Kevin Cassidy

Image from The Hollywood Reporter

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Hollywood's iconic Cinecittà Studios in Rome face accounting irregularities, raising questions about the company's financials and management.

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PwC uncovered a 6.7 million euro ($7 million) shortfall in Cinecittà's accounts, which could lead to significant financial losses and adjustments.
Former CEO Nicola Maccanico denies any wrongdoing, blaming the company's revenue decline on delays in Italy's tax credit reform, while the government disputes this claim.

call sheet

Nicola Maccanico, Chiara Sbarigia, Claudio Ranocchi, Manuela Cacciamani, Antonio Maccanico, Cinecittà Studios, PricewaterhouseCoopers (PwC), Ernst & Young, Ministry of Culture, Italian Treasury Ministry

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