Japan’s National Film Archive Faces Funding Crisis

Japan’s National Film Archive Faces Funding Crisis

Japan’s National Film Archive, facing a 47.5 percent cut in government funding, is having to cover part of its operating costs through crowdfunding and has already raised more than 98 million yen (approximately €569,000) since June 25. The fundraising goal is 100 million yen (approximately €581,000). The subsidy fell from 682.91 million yen (approx. 3.97 million euros) to 358.56 million yen (approx. 2.08 million euros) in the current fiscal year…