E133 - Episode 133: France & Korea's $1.16B Screen Industry Fund

France and Korea unveiled the Lumière Partnership — a combined €1 billion ($1.16B) screen industry financing initiative — at the Lumière Summit in Saint-Paul-de-Vence. The fund targets companies with the scale and ambition to compete internationally, with first instruments deploying from 2027 through 2031 and the partnership remaining open to additional country signatories. For producers, agents, and executives navigating the global financing landscape, this is a new category of sovereign co-financier entering the market — with explicit co-investment structures designed to sit alongside private capital.

Key Takeaways:

France and Korea each pledged €500M ($581M), bringing the combined Lumière Partnership total to €1B...