Sunday, November 28, 2010

French Government Cuts Film Funds

French gov't nabs $26.6 mil from CNC

Finance committee had wanted to cut $175 million

PARIS -- The French senate has passed a measure to divert $26.6 million from the film fund body Centre National de la Cinematographie to the state budget.

This year's healthy French B.O. results mean the CNC should receive an extra $234 million in 2011 from taxes on tickets, in addition to taxes on TV channels, VOD and film-related products.

The finance committee's Philippe Marini said that the $26.6 million axed from the CNC's 2011 budget will help offset the country's budget deficit.

One of the CNC's biggest projects is a three-year plan to earmark $168 million to digitize 1,500 screens in small cinemas.

The finance committee had previously proposed to cut $175 from the CNC's 2011 budget but faced widespread protests from France's film unions and industryites.

1 comment:

  1. I think that this article is interesting after having learned about the free market versus the state funded programming on TV. Althought this deals with film, it still can have the same analysis. With the government not having a say to the themes or what goes in to French films, I believe that the material can travel internationally, rather than just pleasing the French. It also allows for filmmakers to look for co-financiers abroad, and make their artwork what we now call a World Cinema, rather than a national cinema.

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