France and Korea Launch $1.16 Billion Screen Industry Financing Partnership at Lumiere Summit

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France and Korea Launch $1.16 Billion Screen Industry Financing Partnership at Lumiere Summit

Variety · 1 hour ago

France and Korea have each pledged €500 million ($581 million/£434 million) to a new joint fund, the Lumière Partnership, aimed at strengthening their screen industries and helping companies compete internationally. The initiative was announced on 7 September 2026 at the Lumière Summit in Saint-Paul-de-Vence, co-chaired by President Emmanuel Macron and President Lee Jae-myung, and is…

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