Europe’s film and television public funds are confronting a crisis as streaming platforms and other disruptive forces shake up traditional business models.
Over 20 production entities spanning Europe and beyond have united forces, embarking on a mission to rally local governments to champion the cause of regional film and television creators and urge major US streaming platforms to amplify their support for locally produced content.
To operate across Europe, streaming platforms like Netflix, Prime Video, and Disney+ must guarantee that at least 30% of the films in their online catalogs are “European works.” This quota encompasses not only the 27 EU member states but also countries like Britain, Turkey, and Switzerland. However, following Britain’s exit from the EU, France is spearheading efforts to remove UK productions from the list available for streamers to fulfill this requirement.
