France: €1.5bn from SVoD ‘content levy’ by 2024
The obligation on French and foreign SVoD services to dedicate 20-25 per cent of their annual turnover (for services offering films newer than twelve months) to content creation in France, could generate between €1.2 and €1.5 billion additional funds for movie and TV production between 2021 and 2024. The French ‘AVMS’ Euro Directive became operative […]