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The TF1 group signs an agreement with French cinema professionals

2021-07-19T13:06:52.796Z


The Bouygues subsidiary will finance more creation, against greater flexibility in the distribution of films on its various channels.


A little more money for one.

A little more flexibility for the other.

On Monday, the TF1 group and organizations in the cinema industry signed an unprecedented agreement.

The Bouygues subsidiary is committed to investing more in cinematographic creation.

In exchange, it obtained facilities concerning the broadcasting of films on its antennas.

In detail, the TF1 group will now allocate 3.5% of its overall turnover to film production.

Before this agreement, the channels TF1, TFX, TMC and TF1 Séries Films were each to devote 3.2% of their turnover to French and European production.

The obligation has been pooled and increased.

This represents, on the basis of TF1's 2020 turnover, an additional contribution for the cinema of around 4 million, to 47.5 million euros.

"

The pooling of obligations marks the transformation of a simple set of chains [...] into a multi-chain group

", welcomes Ara Aprikian, deputy general manager of the

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Source: lefigaro

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