BEST / SIPA
Online video platforms like Netflix and Amazon are going to have to get their hands on the wallet.
The Ministry of Culture presented on Monday an order and a decree aiming to set at between 20 and 25% of the turnover achieved in France, the minimum rate that they will have to invest in French and European production, according to a press release.
"A substantial part of this contribution will also have to be dedicated to heritage works of original French expression and to independent production", specifies the Ministry of Culture, which welcomes a "major advance in the reform of our regime. contribution to audiovisual and cinematographic production ”.
This decree is based on a European directive of November 14, 2018 which allows France to apply its own production contribution regime to foreign video-on-demand channels and platforms that offer a service in France.
The ordinance will be promulgated before the end of the year, and the decree is expected to be promulgated in spring 2021, the statement said.
Audiovisual reform: Netflix and Amazon will have to invest more in French production, according to the Ministry of Culture
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