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Radio France Internationale
Radio France Internationale
Lifestyle
RFI

France, South Korea announce billion-euro investment for audiovisual industry

French President Emmanuel Macron and South Korea's President Lee Jae Myung arrive for the "Lumiere Summit" on the future of cinema and the moving-image industry at the Maeght Foundation in Saint-Paul-de-Vence, southeastern France, 7 September, 2026. VALERY HACHE/Pool via REUTERS
French President Emmanuel Macron and South Korea's President Lee Jae Myung arrive for the "Lumiere Summit" on the future of cinema and the moving-image industry at the Maeght Foundation in Saint-Paul-de-Vence, southeastern France, 7 September, 2026. VALERY HACHE/Pool via REUTERS via REUTERS - VALERY HACHE

France and South Korea will invest one billion euros to support the audiovisual and entertainment sector, President Emmanuel Macron said as he brought together some of the world's top entertainment bosses for a summit on the future of cinema.

The summit, taking place in the medieval village of Saint-Paul-de-Vence near Nice on Monday, hopes to forge new alliances and spur action to support the film industry as it faces threats from artificial intelligence and increasing competition from streaming platforms.

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