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Film News: Giffoni kids’ fest launches production studio — Italy’s Giffoni Experience, the film fest for children, is venturing into a new phase with $28 million now in place to begin work on the Giffoni Multimedia Valley, which aims to become Southern Italy’s largest production studio.

Film News: Multimedia Valley will cost $40 million — Italy’s Giffoni Experience, the unique film festival for children with 2,800 kids from 40 countries as jurors, is venturing into a new phase with $28 million now in place to build the Giffoni Multimedia Valley, which aims to become Southern Italy’s largest production facility.