Gaul is set to amend its tax incentives to attract more film and TV productions and boost its ailing economy.
Taking a position that threatens to turn the theatrical 3D business upside down, France's film board the CNC has announced plans to phase out all silver screens from Gaul's theaters within five years.
PARIS -- The Gallic box office may have reached record highs last year, but homegrown film production fell 12%, according to a report from Ficam, the French film technicians' org.
Domestic Film DAILY
PROVIDED BY: Box Office
The Maze Runner
The Maze Runner1Daily:$7.8M Cumulative:$32.5M Fox -42.23%
A Walk Among the Tombstones
A Walk Among the Tombstones2Daily:$2.9M Cumulative:$12.8M Universal Pictures -42.27%
This Is Where I Leave You
This Is Where I Leave You3Daily:$2.7M Cumulative:$11.6M Warner Brothers -44.36%
Tarak Ben Ammar's Quinta Industries, one of Gaul's biggest post-production and vfx facilities groups, has been placed under Gaul's equivalent to Chapter 11 bankruptcy protection by a French court.
France, Belgium and Luxembourg are rapidly emerging as Europe's golden triangle for artier animated pic production, and attracting projects from elsewhere as well.
Employment in the French film and TV sector climbed 2% in 2010 to 20,387 permanent jobs, while the number of freelance jobs rose 4% to 122,074, according to Ile de France Film Commission figures…
MTV is doing the time warp on a remake of 1975 cult classic "The Rocky Horror Picture Show."