SIMON-Plaza Carolina and Caribbean Cinemas announced Tuesday a leasing agreement to open 11 state-of-the-art movie auditoriums.
HERE Studios, a local company lead by entrepreneur Vicente Cajigas, recently opened a new film studio at the Saint Just Industrial Park in Trujillo Alto equipped with the latest technology and facilities required by the industry.
Tax Credits International Inc. announced Wednesday the establishment of its world headquarters in Humacao, on Puerto Rico’s eastern end.
Movie and gaming retailer Blockbuster has spent the past three months quietly closing its stores in Puerto Rico, a market it could be possibly exiting by summer, this media outlet has learned.
The Puerto Rico government is making even more tax breaks available to draw filmmakers to the island, which in the last three years has become a magnet for big-budget Hollywood and television productions.
First it was Netflix and now its Redbox’s turn to raise movie rental rates. The self-service kiosk operator will raise daily rental charges on DVD’s by 20 percent, to $1.20, from the current $1, effective Monday.
Twelve years after launching its on-demand video streaming service in the U.S. mainland and Canada, Netflix Inc. has finally included Puerto Rico in its footprint, opening the door for thousands of island residents wanting to subscribe to the service directly or via their video game devices.
"Fast Five," the latest installment of the “Fast & Furious” movie franchise, which was filmed almost entirely in Puerto Rico last year, raced into theaters last weekend, becoming Hollywood’s best performing film of 2011, with $86.2 million at the box office during its debut.
The island’s allure for the glamour and glitz of Hollywood got a new boost Friday when Gov. Luis Fortuño — accompanied by performers Marc Anthony and Jennifer López — signed the new Puerto Rico Film Industry Economic Incentives Law that grants a slew of benefits to movie producers.
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