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Guide to the Global Leaders in Media Law Practice

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Argentina's media industry has undergone significant transformations over the past year, influenced by government policies, strategic corporate decisions and technological advancements.

In March 2024, the administration of President Javier Milei implemented substantial budget cuts to the National Institute of Cinema and Audiovisual Arts as well as other public media entities. These measures led to the suspension of certain public media platforms, sparking debates about the future of Argentina's cultural and media landscape.

The sale of Telefónica's Argentine unit to Telecom Argentina in February 2025, for USD1.25 billion, led to regulatory scrutiny by President Milei, who expressed concerns about potential monopolistic outcomes. Given that Grupo Clarín holds a significant share in Telecom Argentina, the deal prompted antitrust investigations to ensure fair competition and protect consumer interests.

In September 2024, Argentine filmmakers, actors and producers voiced concerns at the San Sebastián Film Festival about government policies potentially undermining the independent film sector. Decreased funding and reduced support led to concerns about the sustainability of local film production, prompting calls for commitment to preserve Argentina's cinematic heritage.

These developments reflect a dynamic media environment in Argentina, where technological shifts and policy decisions are reshaping the industry. Looking ahead, the cinema market in Argentina is projected to reach approximately USD262 million in revenue in 2025. This projection suggests a positive trajectory, with an expected annual growth rate of 4.8% from 2025 to 2029.

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