You will be redirected back to your article in seconds

France’s CNC may have revenue capped

Senate passes measure to divert coin

PARIS — The French Senate has passed a bill to cap revenues of the CNC, the state film and TV agency, at Euros 700 million ($938 million), and divert the excess into the state budget.

The CNC’s rev streams from taxes on film tickets, TV channels, VOD, mobile, Internet, DVDs and other film-related products, which serve to fund the biz, will each have an individual cap.

Excess from taxes on Internet service providers will be used to finance the National Music Center (NCM), which is set to launch next year.

The measure provoked uproar in the French film and TV biz when it was passed last month by the National Assembly (a href=”http://www.variety.com/article/VR1118044920″ target=”_new”>Variety, Oct. 24, 2011/a>).

Industry players and unions lobbied so energetically against the bill that the government suggested an amendment that restricted the cap to revenue from taxes on TV services, but the Senate rejected that.

The measure could yet be overturned, however, by a bipartisan commission, made up of politicians from both chambers, which will seek a more consensual approach.

More Film

  • 'Confessions of a Teenage Jesus Jerk'

    Film Review: 'Confessions of a Teenage Jesus Jerk'

    PARIS — The French Senate has passed a bill to cap revenues of the CNC, the state film and TV agency, at Euros 700 million ($938 million), and divert the excess into the state budget. The CNC’s rev streams from taxes on film tickets, TV channels, VOD, mobile, Internet, DVDs and other film-related products, which […]

  • Berlin: Asian Brilliant Stars Hands out

    Berlin: Asian Brilliant Stars Hands out Talent Awards

    PARIS — The French Senate has passed a bill to cap revenues of the CNC, the state film and TV agency, at Euros 700 million ($938 million), and divert the excess into the state budget. The CNC’s rev streams from taxes on film tickets, TV channels, VOD, mobile, Internet, DVDs and other film-related products, which […]

  • Berlinale -- 2018 -- Norway's 'Home

    Norway's 'Home Ground’ Bows in Berlinale Series

    PARIS — The French Senate has passed a bill to cap revenues of the CNC, the state film and TV agency, at Euros 700 million ($938 million), and divert the excess into the state budget. The CNC’s rev streams from taxes on film tickets, TV channels, VOD, mobile, Internet, DVDs and other film-related products, which […]

  • Kiersey Clemons

    Kiersey Clemons to Star in Jonás Cuarón's 'Zorro' Movie

    PARIS — The French Senate has passed a bill to cap revenues of the CNC, the state film and TV agency, at Euros 700 million ($938 million), and divert the excess into the state budget. The CNC’s rev streams from taxes on film tickets, TV channels, VOD, mobile, Internet, DVDs and other film-related products, which […]

  • Kristen Bell Pandas

    Film News Roundup: Kristen Bell to Narrate 'Pandas' Documentary for Imax

    PARIS — The French Senate has passed a bill to cap revenues of the CNC, the state film and TV agency, at Euros 700 million ($938 million), and divert the excess into the state budget. The CNC’s rev streams from taxes on film tickets, TV channels, VOD, mobile, Internet, DVDs and other film-related products, which […]

  • Lupita Nyong'o Trevor Noah

    Lupita Nyong'o to Star in Trevor Noah Biopic 'Born a Crime'

    PARIS — The French Senate has passed a bill to cap revenues of the CNC, the state film and TV agency, at Euros 700 million ($938 million), and divert the excess into the state budget. The CNC’s rev streams from taxes on film tickets, TV channels, VOD, mobile, Internet, DVDs and other film-related products, which […]

More From Our Brands

Access exclusive content