French Films Allocate Under 3% of Budget on VFX on Average, CNC Report Reveals
variety.comMartin Dale ContributorOn average French films allocate under 3% of their total budget on VFX, according to a report on employment in the French VFX sector presented at PIDS Enghien in Paris by the French film and TV agency CNC.The report, produced with market research firm Audiens, found that for films budgeted at over €15 million ($17 million), the VFX spend rises to an average 11.8% of budget.The data suggests that the number of French films using VFX has increased over the past decade.
In 2020, 108 of 131 French feature films had recourse to VFX expenses in their overall budget. Total VFX expenditure for all French films in 2020 was estimated to be $18 million.The CNC has not yet disclosed data on the VFX spend of top French titles released in 2021, but top titles included “Eiffel,” which presented a case study at PIDS Enghien.
Three titles contributed 39% of total VFX spend on French films in 2020 – Michel Hazanavicius’ “The Lost Prince,” which spent $4.4 million on VFX, Roman Polanski’s “An Officer and a Spy,” which spent $2 million, and Jan Kounen’s “My Cousin,” which spent $620,000.The session at PIDS Enghien, moderated by Yann Marchet, included presentations by Ivan Piccon, head of research at CNC’s Department of Studies, Statistics and Forecasting, Philippe Degardin of Audiens, Stéphane Bedin of FICAM, and Olivier Emery of France VFX.In 2019, the concentration of VFX spend on the top titles was even higher.
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