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    Home » Almodovar cancels new movie promo events on offshore news

    Almodovar cancels new movie promo events on offshore news

    By SHOOTThursday, April 7, 2016Updated:Tuesday, May 14, 2024No Comments1472 Views
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    In this Monday Jan. 13, 2014 file photo, Spanish director Pedro Almodovar, left, and his brother the producer Agustin Almodovar poses for photographers during the photocall of the Jose Maria Forque Awards in Madrid, Spain. (AP Photo/Abraham Caro Marin, File)

    By Alan Clendenning

    MADRID (AP) --

    Spanish movie director Pedro Almodovar canceled his appearances this week at promotional events for his new movie "Julieta" following intense interest in the offshore company he owned with his brother years ago, Almodovar's production company said Wednesday.

    The director nixed planned interviews and a photo shoot ahead of the debut of "Julieta" in theaters across Spain Friday, his El Deseo company said in a statement and emailed comments to The Associated Press.

    The statement did not directly blame the revelation of the director's previous offshore company via leaked documents from a Panamanian law firm, but strongly suggested that was the reason by saying the events were called off due to attention on matters unrelated to the movie.

    "Julieta" is Almovodar's 20th movie. Actors in the movie including Emma Suarez, Adriana Ugarte, Rossy de Palma, Daniel Grao, Inma Cuesta and Michelle Jenner did do their planned interviews to promote the film, the Europa Press news agency reported.

    Agustin Almodovar, the director's brother and business manager, on Monday blamed his inexperience for the decision to set up an offshore company aimed at expanding their international film business.

    Spain's El Confidencial digital publication reported as part of the release of leaked documents from a Panamanian law firm that the two brothers were listed as the agents of a British Virgin Islands company from 1991 to 1994.

    Agustin Almodovar said in a statement he launched the company but shut it down "because it did not fit with the way we worked."

    He also apologized for the "damage my brother's public image is suffering, caused only by my lack of experience in the first few years of our family business."

    Agustin Almodovar said he and his brother have met all of their tax obligations.

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    Tags:JulietaPanama PapersPedro Almodovar



    Australia moves to tax Meta, Google and TikTok to fund newsrooms

    Wednesday, April 29, 2026
    The home pages of Meta, Google and TikTok are displayed on devices in Sydney, Tuesday, April 28, 2026. (AP Photo/Rick Rycroft)

    Australia has proposed taxing digital giants Meta, Google and TikTok a proportion of their revenue to pay for news reporters.

    The government released draft legislation Tuesday it intends to introduce to Parliament by July 2 that would create a financial incentive for the social media companies to strike deals with news organizations to pay for journalism.

    The platforms' criticisms included that the proposal was a "digital services tax" that misunderstood the evolving advertising industry and would fail to deliver a sustainable news sector.

    Australian Prime Minister Anthony Albanese said a monetary value needed to be attached to journalists' work.

    "It shouldn't just be able to be taken by a large multinational corporation and used to generate profits for that organization with no compensation appropriate for the people who produce that creative content," Albanese told reporters.

    "We think that investment in journalism is critical to a healthy democracy," he added.

    It's Australia's second legislative attempt to make the platforms pay for the Australian news text and images that their users view.

    Digital platforms had been pressured to strike deals with Australian news publishers to pay for journalism by legislation passed in 2021 that created the country's News Media Bargaining Code.

    The platforms chose to reach commercial deals with news creators rather than be forced into arbitration and have a judge set the price.

    But they have since avoided renewing those deals by removing news from their services.

    The proposed News Bargaining Incentive would charge major platforms that choose not to strike commercial deals with news publishers a 2.25% tax on their Australian revenue.

    The platforms... Read More

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