Actor Robert De Niro with SIC program director Daniel Oliveira during the Tribeca Lisboa Festival.
Public funds helped organize the independent Tribeca Film Festival in Lisbon, an initiative by SIC and Grupo Impresa, to which the television channel belongs, which cost almost two million euros and made a loss.
The Festival took place between the 18th and 19th of October last and was attended in Lisbon by the actors Robert De Niro and Woophi Goldbergamong other Hollywood figures linked to the Tribeca Festival, one of the most famous independent cinema events in the world.
Bring the festival to Lisbon for two days cost almost two million eurosof which 750 thousand came from public coffers through the Lisbon Chamber, Turismo de Portugal and the Lisbon Tourism Association, as reported by Sábado magazine.
Tribeca Lisboa made a loss of 360 thousand euros
The informative publication had access to the festival’s financial execution report, which was sent to the municipal cultural management company of the Lisbon City Council, the EGEACwhich sponsored the event with 250 thousand euros.
A Lisbon Tourism Association granted the same amount to the festival, and allocated another 250 thousand euros.
The Festival also received 615 thousand euros in private sponsorship, achieving box office revenue of 96 thousand eurosaccording to Sábado, also mentioning 3389 euros in the sale of food and drinks.
The accounts gave a negative balance of 360 thousand eurosstill according to the same source.
The accounts report speaks of an increase in costs related to the “addition of number of stages and expenses inherent to meeting the ambition with regard to programming”, quotes .
The organizers also speak of “some obstacles” in relation to space, highlighting the need to “reinforcement of generatorsas the venue was not prepared for the event in terms of energy needs”.
Private dinner with De Niro cost CML 6 thousand euros
Furthermore, Lisbon City Council also organized a private dinner which featured several celebrities from cinema and national television, and which would have cost 6230 euros in cateringaccording to a contract published on the BASE portal that is mentioned by Sábado. was one of the figures present at that dinner.
The Tribeca Lisboa Festival was the target of criticism from critics and international experts who were unhappy with the organization, particularly due to the high ticket cost and at poor conditions for watching films.
But in 2025, the return of the Tribeca Lisboa Festival is guaranteed.
