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Streaming platforms funding more French cinema

November 27, 2024 13.06 Europe/London By Julian Clover

Netflix, Disney+ and the Amazon Prime Video between them contributed €362 million to French audiovisual and cinema production, according to a report released by Arcom and the CNC.

Since July 2021, the most significant international streaming services have been obliged to contribute to French cinema, in line with domestic TV companies including TF1, France Télévisions and Canal+.

The rules, transposed from a European directive, state that 20% of turnover made in France must go into local production.

In 2022, the first full year of the obligations, the contribution made by Prime Video, Disney+ and Netflix had reached €342 million euros, up from €162 million in 2021.

The share paid by each platform has not been made public due to business confidentiality, but Netflix has previously claimed it has sunk €250 million into local production.

In 2024, two new company’s, Sony’s Crunchyroll and Apple TV+ will be subject to the obligations.

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Filed Under: Editor's Choice, Newsline Tagged With: Netflix Edited: 2 December 2024 13:40

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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