France And South Korea Have Launched A Five-year Film Partnership

• 8.09.2026, 18:19

€1 billion.

Heads of state Emmanuel Macron and Lee Jae-myung announced the launch of the joint Lumiere Partnership — each country will invest €500 million in the development of the global film industry from 2027 to 2031, with the first financial instruments set to become operational as early as 2027. The agreement was unveiled at the Lumière Summit, held in Saint-Paul-de-Vence in southern France.

The summit, named after the Lumière brothers, brought together more than 200 representatives of the global film industry from over 50 countries—guests included actor George Clooney, Mediawan co-founder Pierre-Antoine Capton, Netflix co-president Ted Sarandos, NBCUniversal CEO Donna Langley, CAA CEO Brian Lord, as well as Cannes Film Festival President Iris Knobloch and other representatives from streaming services, awards organizations, and industry associations.

Also, speaking at the summit, Macron warned that it would be a “colossal mistake” if AI technologies were to become a tool for replacing screenwriters and creators, and called for a new form of multilateral cooperation to support the global film industry.