Some media got it wrong about San Seb: here is the official story | Filmfestivals.com

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User login Username: * Password: * Create new account Request new password \|FRENCH VERSION\| RSS Feeds Martin Scorsese Masterclass in Cannes Active Members American Fil Tallinn Blac Siraj Syed Quendrith Jo Lalit Rao Newsletter Bruno Alice Kanter Red Sea Inte Berlin Pierre Yves Tokyo Intern Cannes Ventana Sur Bulletin Boa The New Medi More blogs	> Your site > Search 4,000 festival directory Forums Members directory New films directory Pix Galleries Videos Awards Festivals Ambiance Fest. circuit Red carpet Travel & acc. Call for entry Film Animation Documentary Hollywood Independent Promo showcase Shorts Student Videos People Fest directors Honors Interviews Pros D cinema Markets News Home >> Blogs >> Editor's blog >> Some media got it wrong about San Seb: here is the official story Some media got it wrong about San Seb: here is the official story John Hopewell from Variety wrote the following title "San Sebastian faces budget crisis: Festival chief and staff threaten to resign" Read the full article on Variety.com (you probably would have to pay to access the article) "...The head of the San Sebastian Film Festival, the Spanish-speaking world’s biggest movie confab, is threatening to resign if his budget is slashed. If festival director Mikel Olaciregui ankles, he’ll be followed out the door by his entire management team. The threat, made via a letter on the festival website, reps an attempt by Olaciregui to dissuade four public-sector partners from removing coin..." The festival's officials had a different story and made the following statement on their website. "In view of the erroneous, inaccurate information printed and broadcast by certain media in recent days, the San Sebastian Festival Management Team wishes to make the following clarifications: ONE – The economic results of the last two editions have experienced deficits of €511,878.31 in 2007 and €450,000 (provisional figure) in 2008. These results, which have coincided with two of the most highly valued editions of recent years by the media, public, sponsors and the Partner Institutions themselves, and which imply a deviation of less than 5% from the total budgets, have been offset against the Festival’s own voluntary reserves, with no modifications to its capital, no untoward financial situation in the Festival accounts, and without any additional or extraordinary amounts having to be paid out by the four Partner Institutions. While the Festival Management Team considers these deficits to be structural and caused by the growth in infrastructures experienced by the event in recent years, as it has informed the Partner Institutions, in view of these negative results, the Management Team as a whole has tendered its resignation to the Board of Directors, following which the Institutions sitting on the Board have decided that the Management Team shall remain in place. TWO – The Festival has succeeded in self-financing 48% of its total budget and important, prestigious names (TVE, Schweppes-Spirit, L’Oreal Paris, Renault, Altadis Foundation, Kutxa, Loewe, Intel, Euskaltel, Cacique Rum, DHL, etc.) have used the Festival platform for their communication and marketing policies. Specifically, income from sponsorship rose by 23% at the last edition. THREE – A study is being made of whether or not to adopt a series of measures aimed at adapting the Festival budget to the overall situation of crisis and to the budgetary differences of the last two editions. In coming weeks, the Partner Institutions will take a decision regarding their contribution to the Festival budgets, and the Festival Management Team has stipulated that it will remain in place provided that the resulting circumstances make it possible to hold a Festival in the conditions which, from a position of professional responsibility, it deems to be necessary." The Festival Management Team Mikel Olaciregui José Ángel Herrero-Velarde Ricardo Aldarondo Vicente Mozo José Luis Rebordinos Ana Esperanza Redondo 20.11.2008 \| Editor's blog Cat. : Altadis Ana Esperanza Redondo CDATA Intel JOHN HOPEWELL José Ángel Herrero-Velarde José Luis Rebordinos Luis Rebordinos Ana Mikel Olaciregui Oreal Paris Renault Ricardo Aldarondo San Sebastián International Film Festival Spirit Technology Technology the San Sebastian Festival the San Sebastian Film Festival Vicente Mozo XML FESTIVALS Editor's blog Login or register to post comments Editor's videoblog Printer-friendly version 4029 reads	Links The Bulletin Board > The Bulletin Board Blog > Partner festivals calling now > Call for Entry Channel > Film Showcase > The Best for Fests > Meet our Fest Partners Following News Interview with IFTA Chairman (AFM) Interview with Cannes Marche du Film Director Filmfestivals.com dailies live coverage from > Live from India > Live from LA > Beyond Borders > Locarno > Toronto > Venice > San Sebastian > AFM > Tallinn Black Nights > Red Sea International Film Festival > Palm Springs Film Festival > Kustendorf > Rotterdam > Sundance > Santa Barbara Film Festival SBIFF > Berlin / EFM > Fantasporto > Amdocs > Houston WorldFest > Julien Dubuque International Film Festival > Cannes / Marche du Film Useful links for the indies: > Big files transfer > Celebrities / Headlines / News / Gossip > Clients References > Crowd Funding > Deals > Festivals Trailers Park > Film Commissions > Film Schools > Financing > Independent Filmmaking > Motion Picture Companies and Studios > Movie Sites > Movie Theatre Programs > Music/Soundtracks > Posters and Collectibles > Professional Resources > Screenwriting > Search Engines > Self Distribution > Search sites – Entertainment > Short film > Streaming Solutions > Submit to festivals > Videos, DVDs > Web Magazines and TV > Other resources + SUBSCRIBE to the weekly Newsletter + Connecting film to fest: Marketing & Promotion + Special offers and discounts + Festival Waiver service Deals + Special offers and discounts from filmfestivals.com + Festival Waiver service + One month festival promotion + The Bulletin Board service + Become a festival partner Selected fun offers JUST FOR FUN > Bonus Casino > casasapuestasdeportivas.es > Casinoonlineespaña.es > Casinos online > Festival offers > Rahapelit User images More images About Editor Chatelin Bruno (Filmfestivals.com) The Editor's blog Bruno Chatelin Interviewed Be sure to update your festival listing and feed your profile to enjoy the promotion to our network and audience of 350.000. paris France View my profile Send me a message The Editor + Get the Editor's picks and news + Promote your line up during AFM - Cannes - Berlin + The editorial festivals and markets partners + Contact the Editor + The Editor's pick 'BEST FOR FESTS' User polls Your top 10 list of famous ‘Movie Curses’ Heath Ledger is a strong contender at the Oscars for (late) best actor (for Dark Knight) ? 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