Italian Content Investment Dropped 7.4% in 2025 Largely Due to Uncertainty Over Domestic Tax Credits, Rome MIA Market Report Says

Investment in content production destined for Italy’s film TV and streaming industries dropped 7.4% to €2 billion ($2.24 billion) in 2025, compared with the previous year, with the scripted sphere suffering most amid uncertainty over government support of the country’s tax credits and the ongoing transition in viewership from linear to streaming.

That is the main takeaway from a report issued on Wednesday by Italian TV producers’ association APA during Rome’s MIA market, which is dedicated to international TV series, animation, feature films and documentaries.

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After reaping the rewards of a protracted growth spurt, Italian producers in 2025 faced a forced slowdown as the country’s right-wing government dithered with ongoing regulatory modifications to tax incentives for domestic film and TV production. The domestic tax credit modifications impasse did not impact Italy’s international production rebates, which remained firmly in place.

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“This situation hinders producers’ ability to plan, increases financial burdens, and shrinks profit margins,” the report pointed out. “It negatively impacts all companies — especially smaller ones — by straining liquidity and limiting their capacity for future investment,” it added. Hopefully, there is some relief in sight with the new tax credit now in place.