Press Release: State aid: Commission investigates funding of major Spanish film studio complex

Following complaints from two major players in the European film sector, the European Commission launched an in-depth investigation under EC Treaty state aid rules into the funding of the Ciudad de la Luz film studio complex near Alicante in Spain. The investigation should enable the Commission to determine whether the funding by the Valencia Regional Government constitutes illegal state aid which distorts competition between European film studios. The Commission would welcome comments from interested parties and, in particular, from competing film studios. The opening of an in-depth investigation does not prejudge the outcome of the investigation.