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French cinema sounds alarm over VAT hike on Canal+

Original: « On sait qu'on va être l'un des principaux postes d'économies » : le cri d'alarme du cinéma français face au risque d'u

French cinema industry leaders are warning that a proposed VAT increase on Canal+ subscriptions would hit the sector hard, saying film funding is bound to become "one of the main items of savings". Canal+ channels are a major financial backer of French cinema through mandatory investment obligations, and industry figures fear a tax rise would reduce those contributions. Les Echos reported the warning, prompting debate in France about the future financing of film production.

Why now: A proposed VAT increase on Canal+ threatens a key funding stream for French cinema, sparking industry alarm.

Canal+French cinemaLes EchosFrance

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• « On sait qu'on va être l'un des principaux postes d'économies » : le cri d'alarme du cinéma français face au risque d'une hausse de la TVA sur Canal+ https:// ebx.sh/PWhlLw · LesEchos

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