Puerto Rico is pulling the plug on a $70 million project to build a film district in the capital -- complete with sound stages, studio lots and production facilities -- citing the developer’s repeated failure to meet deadlines and legal challenges.
It’s the latest setback for an island economy that has repeatedly taken flyers on new industries, in hopes of reversing years of economic malaise.
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September 14, 2021 at 12:58AM
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Puerto Rico Faces Setback in Dream of Building Film Industry - Bloomberg
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