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French Film Industry Sees Increase in International Co-Productions, Spike in Investment From Streamers

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variety.com

Elsa Keslassy International Correspondent France engaged in a record 144 international co-productions in 2022, while the number of majority French movies produced dropped by 10% to 208 titles, according to a study unveiled by the National Film Board (CNC).

For the first time since 2003, half of the movies produced in France were international co-productions (with 33 countries) last year, compared with 42.1 % in 2021 and 39.6 % between 2017 and 2019.

Investment in films dropped by 12.8% to €1.18 billion ($1.30 billion) compared with 2021, while foreign investment broke a 10-year record.

In France, TV channels as well as streamers (since the start of 2022) are required to invest a percentage of annual revenue on French and European productions.

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