'The Little Prince' - Copyright Paramount
Ahead of the Cannes Film Festival the French film market has taken a beating in the past year with foreign investment down a whopping 47% and It gets worse.
Overall investment in the French film industry fell by over 20% in 2014, with broadcasters such as Canal+ cutting back on TV deals while international co-productions also declined. 2014 was the worst performance for the industry in 13 years and film budgets also fell across the board.
With the French economy stagnant, and the euro's currency slide taking its toll on profits versus a strong U.S dollar, it's not been a great 12 months, particularly for American film producers.
Speaking with Variety, Millennium Films Chairman Avi Lerner highlighted how the European market was in bad shape, along with Russia and Japan.
Despite the bad news, this past week the CNC released its figures for the French box office showing a 7.6% increase in domestic demand for feature length films. More than 7000 films were screened in France in 2014 according to the annual report.
The influence of TV and film on consumer behaviour is a dynamic aspect of contemporary…
Before deciding to pursue a career in the film industry, you must consider several critical…
Mahdi directed, wrote, and produced over 30 short films at the Doha Film Institute.
Whether you are new to the business world or not, it's essential to make a…
Embarking on a career in sound editing is an exciting venture, filled with opportunities to…
The International Competition is set to showcase 66 films representing 52 nationalities.
