24/01/2013 - New record for French cinematographic production with 1.32 billion euros in investments and a strong rise in international coproductions

As part of the Assises pour la diversité du cinéma (read the article), which were held yesterday in Paris, the CNC disclosed the main cinematographic production data in France in 2012. A new record was broken with 279 accredited feature films last year (versus 272 in 2011), a total that includes 209 Films of French Initiative (FFI – two more than in 2011) and 70 coproductions with foreign majority (+ 5 compared to last year). International coproductions represent 140 films with about 40 countries, ie. 20 more than in 2011.

Production investments amounted to 1.32 billion euros in 2012 for FFI (- 7%) and 277 M€ in minority coproductions.

It should be noted that the average estimate of the FFI declined by 8.1 % to 5.01 M€ and the median estimate by 14 % to 3.21 M€, and that first and second feature films represent 52.4 % of FFI produced in 2012 (74 first features and 35 second films).

The president of the CNC, Eric Garandeau, used the Assizes to underline that French cinema was in Olympian shape, in a fundamentally healthy system, but that questions regarding profitability and the sharing of value within production and throughout the entire profession needed to be addressed.  

(Translated from French)