Istituto Luce Cinecittà is the state-owned company whose main shareholder is the Italian Ministry for Culture subsidising its activities on an annual basis. Istituto Luce - Cinecittà holds one of the most important European film and photographic Archive; moreover distributes films and documentaries made by Italian and European directors and guarantees they are given an adequate release in the national market.
Istituto Luce - Cinecittà's institutional work includes promoting Italian cinema both at home and abroad by means of projects dedicated to the great authors, actors and personalities of the past and their classic films, as well contemporary ones. Istituto Luce - Cinecittà also owns a film library, Cineteca, containing around 3000 titles of the most significant Italian film productions, subtitled in foreign languages, which serve in promoting Italian culture at major national and international Institutes around the world.
Istituto Luce - Cinecittà is responsible for editing the magazine 8 1/2, the national portal for locations and film and audiovisual production incentives Italy for Movies, and the daily on-line news magazine CinecittàNews (news.cinecitta.com) which delivers the latest breaking news on the principal activities involving Italian cinema as well as its developing legislative and institutional aspects.
Since July 2017 Istituto Luce-Cinecittà is in charge of managing the legendary Cinecittà Studios and postproduction labs, founded 80 years ago (1937), property for 20 years of a private company.