Foreign-owned culture sector companies could receive up to 300 million kroner of Norway’s corona funding

ConcertPhoto: Sara Johannessen Meek / NTB
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Foreign-owned companies could receive as much as NOK 300 million from the Norwegian support scheme for corona-exposed cultural actors.

Newspaper VG has reviewed last year’s compensation and stimulation schemes for cultural life. Norwegian cinemas and festivals with foreign owners, in particular, dominate the list, the newspaper writes.

The concert organizer All Things Live has received the largest single payment from the support schemes with NOK 36.4 million in January this year. A Danish parent company owns the company. 

The international organizer Live Nation has also received support. Among other things, they are behind the Tons Of Rock festival.

Minister of Culture Abid Q. Raja (V) believes that the most important thing in the support schemes for the cultural sector is that they contribute to ensuring a large diversity of cultural events in Norway and that that is ensured by the actors, regardless of ownership.

The Ministry of Culture also states that the EEA agreement makes it impossible to discriminate between payments to wholly-owned Norwegian companies versus foreign-owned ones.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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