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France and South Korea pledge 1 billion euros to protect cinema

Leaders unveil joint funding and global screen initiatives at the Lumière Summit

Updated Sep 7, 2026 · 18:58 UTC6 reports

The short version

  • French President Emmanuel Macron and South Korean President Lee Jae Myung hosted the Lumière Summit in Saint-Paul-de-Vence to counter pressures from streaming and artificial intelligence.[Variety · France 24 · Variety]
  • France and South Korea launched a joint 1-billion-euro financing initiative, contributing 500 million euros each, alongside a separate 30-million-euro independent screen program.[Variety · France 24 · Variety]
  • Participants adopted five sector declarations covering AI, piracy, image education, gender equality, and sustainability, with the Motion Picture Association signing two pacts.[Variety · Variety]
  • While traditional studios, Netflix, and TikTok attended, major generative AI firms, YouTube, and Meta declined invitations to the gathering.[France 24]

Key facts

  • French President Emmanuel Macron and South Korean President Lee Jae Myung co-chaired the Lumière Summit at the Fondation Maeght in Saint-Paul-de-Vence.[Variety · France 24 · Variety]
  • France and South Korea committed 500 million euros each toward the 1-billion-euro Lumière Partnership, with France channeling its share through state bank Bpifrance.[France 24 · Variety]
  • France launched the International Resilience Initiative for Independent Screens with an allocated 30-million-euro organizational budget.[Variety · France 24]
  • Signatories adopted five thematic frameworks addressing artificial intelligence, digital piracy, image education, gender equality, and environmental practices.[Variety]
  • The Motion Picture Association endorsed declarations on cinema's future and anti-piracy efforts while participating in roundtables with both heads of state.[Variety]
  • Executives from Netflix and TikTok attended the summit, but Meta, YouTube, and prominent generative AI developers declined invitations.[France 24]

What remains uncertain

  • Attendance totals reported for the summit varied across sources, ranging from more than 200 guests to roughly 300 participants.[France 24 · Variety]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.