Petrobras cuts on film, music and theater festival sponsorships

Petrobras headquarters in Rio de Janeiro

13 projects will not have their funding renewed by the state-run company, including the São Paulo Film Festival and the Rio Festival

Petrobras has decided not to renew the sponsorship of 13 cultural events this year, including the São Paulo Film Festival, the Rio Festival, the Brasilia Festival, and Anima Mundi.

The state-run company has sent a list of abandoned projects following an information request by federal MPs Áurea Carolina (PSOL-MG) and Ivan Valente (PSOL-SP).

Read more in Folha de S.Paulo