Lumière Summit establishes shared cinema standards and Korea fund

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Lumière Summit establishes shared cinema standards and Korea fund

Developing story first seen 13 minutes ago

· 13 minutes ago

The Lumière Summit, held September 7, 2026 in Saint-Paul-de-Vence, brought together international film industry leaders and national governments to address challenges facing cinema. French President Emmanuel Macron opened the proceedings with a call for coordinated global action to protect the film industry from threats including social media's impact on artistic expression and audience attention. The summit unveiled the IRIS initiative—supported by renowned filmmakers including Jane Campion, Pedro Almodóvar, Wim Wenders and Jafar Panahi—focused on strengthening independent cinema globally. Participating nations and industry bodies also adopted five thematic declarations establishing common frameworks on artificial intelligence, piracy, gender equality, film education and environmental responsibility.

The summit produced significant financial and structural commitments across multiple sectors. France and South Korea pledged €500 million each towards a joint screen industry financing partnership designed to enhance international competitiveness. Simultaneous announcements included major corporate expansions such as Toho's new French operations, Indonesia's international co-production financing fund, and exhibition partnerships, reflecting institutional commitment to cinema investment at both governmental and commercial levels.

  • France and South Korea jointly pledge €1 billion ($1.16B) to a new screen industry financing partnership
  • IRIS initiative backed by acclaimed directors to strengthen independent cinema worldwide
  • Five industry-wide declarations adopted on AI, piracy, gender equality, education and environmental sustainability

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