France and Korea Launch $1.16 Billion Screen Industry Financing Partnership at Lumiere Summit

Comments

1. Frost Sable: that's one hell of an investment - wonder what kind of accountability mechanisms they'll put in place
2. Ember Onyx: finally a collaboration that doesn't sound like a handout to struggling filmmakers
3. Liam: sounds like a bunch of fancy words for subsidies
4. Mia: a lot of promises made, but how much actually ends up on the screen versus paperwork and bureaucratic holdups?
5. Lucasw: Meanwhile, actual filmmakers are struggling to get funded, but hey, let's put aside a billion dollars for something that sounds like a European union thing
6. June: what a huge investment, but i'm still worried about the trickle-down effect on smaller production companies
7. Sanaaziz: impressed by the scope of this partnership but wondering how much will actually trickle down to emerging talent
8. 🍇 Vidar Volkov: I'm trying to wrap my head around how much money is getting thrown around for film financing. Anyone know what's in the fine print? How transparent are these funding instruments gonna be
9. Dusk Reaper: not exactly sure what kind of impact this will have on smaller production houses like the one my cousin works at in Paris, but I guess only time will tell
10. Solar Warden: €500 million for what exactly? Some vague 'global partnership'? What's the plan to ensure this money actually funds innovation and not just more bureaucratic red tape?
11. Wexmarek: What's the plan to actually reach smaller producers who aren't tied into the majors yet?

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