France and South Korea Pledge $1.16 Billion for Global Screen Industries
At the Lumiere Cinema Summit, France and South Korea announced a joint financing initiative worth over $1 billion aimed at supporting international film production and distribution.
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France and Korea Launch $1.16 Billion Screen Industry Financing Partnership at Lumiere Summit
France and Korea have each pledged €500 million ($581 million) to a joint initiative designed to strengthen the global screen industries, with the first funding instruments deploying from 2027 through 2031. The Lumière Partnership, unveiled Monday at the Lumière Summit in Saint-Paul-de-Vence, is open to additional countries and will prioritize companies with the ambition and […]
By Naman Ramachandran
Read full article →France & Korea Pledge $1.16B For Global Screen Industries At South Of France Cinema Summit
France and Korea pledged to invest 1 billion euros ($1.16 billion) in the global screen industries from 2027 to 2031, in a cornerstone announcement of President Emmanuel Macron’s Lumière Summit devoted to the future of the moving image unfolding in the South of France on Monday. Korean President Lee Jae Myung, who is on a […]
By Melanie Goodfellow
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