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🇫🇷 France /Culture & Society

Paris and Seoul to invest €1 billion over five years to support the film industry, Macron says

From Le Figaro · () French

Translated from French and summarized by DistantNews. Read the original for the full story.

At a glance

Press release Named sources New plan
  • France and South Korea will invest €1 billion over five years in a partnership to support the film and broader image industries.
  • President Emmanuel Macron announced the initiative while opening the Lumière international summit on cinema’s future in Saint-Paul-de-Vence.
  • Macron also called for a new form of multilateralism to support global cinema amid pressure from artificial intelligence and platforms.

France and South Korea will put €1 billion into supporting the film and image industries over the next five years, Emmanuel Macron said as he opened the international Lumière summit in Saint-Paul-de-Vence.

The French president described the initiative as the “Lumière partnership,” dedicated to supporting the image industry and cultural sovereignty. “We are putting together one billion euros over five years,” Macron said.

He also called for a new form of multilateralism to support cinema around the world. Macron said the sector faces threats from artificial intelligence and platforms, making international cooperation important to its future.

We are putting together one billion euros over five years to create what we have called the Lumière partnership, an initiative dedicated to supporting the image industry and cultural sovereignty.

· Emmanuel MacronMacron announced the joint French-South Korean investment at the Lumière summit.
About this summary

Originally published by Le Figaro in French. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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