rumors were confirmed to arise through Friday at of Twitter network: The Contemporary Film Festival Mexico City, better known as FICCO , has been canceled. Rumors indicated that due to the lack of support from Cinemex , sponsor of the festival since its inception.
Case similar is the International Film Festival in Monterrey, FICMTY , apparently also no longer supported by later MMCinemas , its main sponsor , now that it merged with Cinemex ( read this informative article HardPop . )
What a pity that the big companies like MMCinemas and Cinemex engaged only the commercial part of the cinematic business and stop supporting events culture such as film festivals.
According to various media, Cinemex will release a formal statement this coming Friday with respect to such notice if the FICCO and published a statement through his official website.
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