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Financial support for the creative industries cut by half: DigiDemo and CreaDemo grants for cultural content and innovations under threat

The DigiDemo and CreaDemo grants awarded by AVEK to the creative industries will be cut by half in 2021. Distributed for almost 20 years, these grants are funded from a special appropriation granted by the Ministry of Education and Culture that comes from profits obtained from gaming operations. AVEK’s product development support has helped companies and products such as Supercell, Gigglebug Entertainment, Arilyn and Oikiat Design’s Vaatelaastari (FabPatch) get started. The drastic decrease in the amount of financial support is a new blow to the creative industries and threatens their reform and innovation.
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Kopiosto’s copyright remunerations to creative industries: EUR 66 million paid in 2020

In 2020, Kopiosto distributed almost EUR 66 million in copyright remunerations to performing artists, authors, publishers and producers. The amount of remuneration increased by an exceptional EUR 20 million from the previous year. The increase in distribution was due to the fact that last year, among other remunerations, a multi-year accumulation of remunerations was settled with APFI, which represents audiovisual producers.
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