The French industry is bracing itself for the impact of Canal+’s reduced investment in French cinema over the next three years that it is estimated will result in some 30 to 40 less films made a year, mostly auteur-driven European co-productions.
“Producers are starting to realise what is ahead,” said Manuel Alduy, head of cinema at France Televisions. “We are worried there will be a real drop in the number of “middle films”, films with budgets between €4-6m.”
