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Disney+ Signs Landmark Deal in France to Invest 25% of its Local Turnover in French, European Movies; Gets Nine-Month Window on Theatrical Films
Disney+ as agreed to invest 25% of its local turnover to finance French, European content; and will get a nine-month window on newly released films.
Under their three-year agreement, Disney+ will also made a big push into local movies as it’s signed on to buy or pre-buy and finance a minimum of 70 films over this period, ensuring a diversity of genres and budgets. The long-gestated deal follows rollercoaster negotiations with the local industry which fell through at certain times, notably when Disney decided to forgo the theatrical release of “Strange World” in 2022. But the country’s main players, particularly the pay TV group Canal+, have been pushing back because they are the biggest financiers of local movies and want to stay ahead with their preferred access to newly released films, which is currently set at six months.
Or read this on Variety