France and Korea Launch $1.16 Billion Screen Industry Financing Partnership at Lumiere Summit

Sep 7, 2026 2:00am PT France and Korea Launch $1.16 Billion Screen Industry Financing Partnership at Lumiere Summit

By Naman Ramachandran

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Naman Ramachandran

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France and Korea have each pledged €500 million ($581 million) to a joint initiative designed to strengthen the global screen industries, with the first funding instruments deploying from 2027 through 2031.

The Lumière Partnership, unveiled Monday at the Lumière Summit in Saint-Paul-de-Vence, is open to additional countries and will prioritize companies with the ambition and capacity to compete at international scale.

France and Korea Launch $1.16 Billion Screen Industry Financing Partnership at Lumiere Summit

Naman Ramachandran

Latest

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