Booming French Animation Sector Invests in Innovation, Boosted by France 2030 Funding
variety.comBen Croll Fueled in no small part by an across-the-board 30% tax rebate for international productions, with an additional 10% bonus to projects that partner with local VFX houses, the French production industry has surged in recent years.
As part of the wider France 2030 investment plan, the recently implemented Great Image Factory initiative should have an all the more galvanizing effect, bolstering the Gallic production infrastructure with $376 million in public support and an additional $2.15 billion in private funds.
And if that rising tide will lift very many boats, its overall effects should be uniquely pronounced within the country’s booming animation and VFX sectors, which altogether account for 25% of the projects supported by the improvement project.
Without the need to scale up in physical space – most digital outfits do just fine with the right processors and a skilled workforce – the twelve animation studios and five VFX houses selected by a committee of industry bigwigs will instead focus on internal optimization, using innovation as an implement to give French players a competitive global edge.
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