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French culture minister unveils media production roadmap

Tuesday 27 January 2015 | 00:13 CET | News
French culture minister Fleur Pellerin unveiled a new broadcasting industry roadmap at the Fipa trade fair in Biarritz. Three years of regulatory accretion have made rules increasingly incomprehensible and hard to apply. The minister seeks to make France a champion of audio-video innovation. To do so it needs champions, reports Les Echos, A new law on production awaits the Conseil d'Etat's approval. It will allow TV channels to recover some of the co-production money for fiction and documentaries they finance. Production companies will remain in charge of distribution.

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Categories: Internet
Companies: Canal Plus / France Televisions / M6 / NextRadioTV / TF1
Countries: France
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Comments

And there you see again the nonsense that passes off as reporting in the film and TV industry. Just because Les Echos says something does not make it true... French TV networks are actually retrenching their number of productions and slashing budgets because their audience is dwindling with the rise of Digital over-the-air channels (the equivalent of the rise of cable 30 years ago in the US). They're not sitting on piles of cash they "don't know what to do with". If you're a shareholder of TF1 or M6, you're not seeing those "huge profits" and attendant rise in the stock price and dividends...
Rena Moretti @ 27/1/2015 - 18:20


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