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Cannes places focus on financiers who support French production
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Cannes places focus on financiers who support French production
A moment during the debate (© Eric Bonté/CNC)
Film funding in France didn’t completely dry up in 2020, mainly thanks to the joint mobilisation of the CNC and the IFCIC alongside specialist banks and BPIFrance. These organisations are also introducing new subsidies for sector companies, as confirmed by the panellists assembled in the CNC’s pavilion on 13 July.
Opening the debate, CNC Financial and Legal Director
Maxime Boutron confirmed that funding for cinema works had withstood the pandemic: in addition to exceptional public subsidies (900 million euros from the French government and 402 million euros from the CNC), the system of loans and guarantees which has been in place for decades has also operated at full capacity. According to the IFCIC’s managing director