×
You will be redirected back to your article in seconds

Funding showdown

Gaul industryites mull future of film financing

PARIS — French cinema financing is facing a crisis, Canal Plus Group chief operating officer Denis Olivennes told industry reps Wednesday.

He reiterated the warning that the TV industry can’t continue to bankroll the film biz, which it is forced to do by law.

“Canal Plus needs to reduce its contribution,” Olivennes warned a symposium on the future of French and European cinema. “New mechanisms must be created to avoid a crisis in 2004” when the channel’s funding pact with the film biz ends, he said.

Although the Canal Plus Group is now part of the global Vivendi Universal, its 49%-owned Gallic pay TV service is subject to French law and in 2000 invested in local movies more than 900 million francs ($124 million) — a quarter of the film industry’s total production budget.

Sat, cable contributions?

Producer Philippe Carcassonne suggested that satellite and cable channels, which are rapidly increasing their movie broadcasts, should pay their share toward the French film industry. At the moment only terrestrial webs and Canal Plus, the only terrestrial pay TV station, contribute.

The debate also stretched to Europe and the idea of linking up funding systems across the continent.

“We can never harmonize the system throughout Europe; the other countries need to apply the French system,” said helmer Colline Serreau, prexy of the powerful writers, directors and producers’ lobby, ARP. “Cultural exception has to be the rule,” she added.

An association was created this week by newspaper Le Monde and the Institute of Political Studies (IEP) to feed the debate on how to modernize the French cinema system.

The aptly named Exception, in reference to the famous French cultural exception, will bring together filmmakers, philosophers, researchers, teachers, journalists, civil servants and critics.

More Biz

  • Lilly Burns Tony Hernandez

    Variety to Honor Jax Media Chiefs Tony Hernandez, Lilly Burns at New Leaders Event

    Emmy Award-winning producer Tony Hernandez and Emmy-nominated producer Lilly Burns will receive the Creative Leadership Award on behalf of Jax Media at the Variety New Leaders event presented by City National Bank, taking place Nov. 14 in New York City. As founders of Jax Media, Hernandez and Burns have produced shows and specials such as [...]

  • Andrea Bocelli

    Andrea Bocelli Calls Plácido Domingo Cancellations Due to Sexual Harassment Claims ‘Absurd’

    Italian singer Andrea Bocelli is defending embattled opera star Plácido Domingo, saying it is “absurd” that concerts have been canceled in the wake of multiple sexual-harassment allegations. “I am still appalled at what happened to this incredible artist,” Bocelli said, according to the Associated Press. “I don’t understand this. Tomorrow a lady can just come up [...]

  • Rudy Lopez Negrete Returns to CAA     

    Rudy Lopez Negrete Returns to CAA

    Rudy Lopez Negrete has rejoined CAA as an agent in the Music Touring department, specifically focused on leading brand partnerships for CAA’s Latin music clients. He will be based in the company’s Los Angeles office, where he will work with Latin artists including Enrique Iglesias, Ricky Martin, Jennifer Lopez, Becky G, Isabela Merced, Luis Fonsi, Mon [...]

  • Richard Plepler HBO

    Former HBO Chief Richard Plepler Close to Signing Apple TV Plus Production Pact

    Former HBO chief Richard Plepler is close to signing an exclusive production pact with Apple TV Plus. Apple declined to comment and Plepler could not immediately be reached for comment. It’s understood that Plepler plans to launch a boutique production company designed to focus on a handful of high-profile projects. Among his advisors in pulling [...]

  • Byron AllenVariety Inclusion Summit, Inside, Los

    Byron Allen, Comcast to Square Off in Supreme Court on Racial Discrimination Case

    Byron Allen’s racial discrimination case against Comcast Corp. on Wednesday heads to the Supreme Court, where justices will consider Comcast’s argument that the case should hinge on two words: “but for.” Allen filed a $20 billion lawsuit against Comcast in February 2015, arguing that the nation’s largest cable operator was discriminating against his company, Entertainment [...]

  • Gary Ehrlich Named President, General Manager

    Gary Ehrlich Named President, General Manager of Fox Studio Lot

    Gary Ehrlich was named to oversee operations at the Fox Studio Lot, a position of growing importance to Fox Corporation. Fox said Tuesday that it had named Ehrlich, a former executive vice president at Fox Sports, the new president and general manger of its Fox Studio lot in Century City. Fox retained its ownership to [...]

  • WGA Strike Labor Talks

    How the Streaming Revolution Is Making Guild Negotiations Even More Complicated

    It may not be a perfect storm yet, but ominous clouds are gathering. As the winter holidays approach, there’s growing agita across the industry about the potential for substantial labor strife next year. The WGA, DGA and SAG-AFTRA are gearing up for master film and TV contract negotiations with the major studios at a time [...]

More From Our Brands

Access exclusive content