Overview
- Leaders Emmanuel Macron and Lee Jae‑myung launched the Lumière Partnership on Monday by pledging €500 million each, creating a combined €1 billion fund for the film and audiovisual industry.
- France said it will channel its €500 million through Bpifrance with the Centre national du cinéma et de l’image animée to back equity stakes, research and development, and co‑financing that help companies scale internationally.
- Summit participants adopted the Lumière Declaration to defend human‑centered creation, copyright, creative diversity, artistic freedom and fair pay while sustaining theatrical distribution.
- The summit produced several industry deals, including Toho Europe opening a French office, Indonesia launching an international co‑production fund, a Cinépolis–Unifrance distribution rollout, and new cross‑school talent partnerships.
- The partnership will start making investments from 2027 through 2031, is open to other countries joining, and follows a surge in inbound production to France that has reached €628.5 million since January 2026.