Synopsis
Amazon Prime Video is set to invest a significant amount in French film and video production this year. The company will spend at least 90 million euros. This figure could rise to 110 million euros under certain conditions. This investment is part of regulations requiring streaming services to support European content.Amazon's investment requirement would raise to 110 million euros if the streaming service releases at least one film fewer than 12 months after it premiered in theatres, ARCOM, the regulator, said in a statement.
The amount had been set in 2021 at 40 million euros per year, it said, adding the amounts for the coming years will depend on Prime Video's sales revenues.
Broadcasters and streaming services are forced to invest in European video and cinematographic production in French language to be allowed to operate in France.
