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France and South Korea Launch €1 Billion Lumière Partnership Fund

9/8/2026

Summary

Story summary

France and South Korea pledged a €1 billion Lumière Partnership fund for the global screen industry.
President Emmanuel Macron and President Lee Jae-myung co-chaired the Lumière Summit in Saint-Paul-de-Vence.
Each country contributed €500 million, creating a fund covering 2027-2031.
The fund will finance equity, R&D, creative innovation and co-financing to help firms scale globally.
Macron said AI-generated content must be flagged to protect creators and public trust.

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Story summary

France and South Korea pledged a €1 billion Lumière Partnership fund for the global screen industry.
President Emmanuel Macron and President Lee Jae-myung co-chaired the Lumière Summit in Saint-Paul-de-Vence.
Each country contributed €500 million, creating a fund covering 2027-2031.
The fund will finance equity, R&D, creative innovation and co-financing to help firms scale globally.
Macron said AI-generated content must be flagged to protect creators and public trust.