💨 Abstract

Film directors Martin Scorsese, Jane Campion, Wes Anderson, and others have signed an appeal to prevent the conversion of Rome's movie theaters into shopping centers and supermarkets under proposed regional legislation. The concern arises after asset management firms won a Rome real estate bankruptcy auction, buying nine movie theaters for $52 million. The proposed legislation, up for approval this week, would remove norms preventing movie theaters from being converted into other businesses.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖