?? Condensation? Nah, Consolidation.

Hey there, this is your?weekly report from the heart of the French-speaking entertainment business in 5 minutes or less.

France's production sector looks to consolidate its activities, creating a global umbrella

What's going on??

Quite simply, France's audiovisual production sector is looking to consolidate, bringing its activities under one global umbrella in order to expand its international reach.?Via a bevy of acquisitions and partnerships, France is looking to emerge as a world leader in production, seeking to please not only audiences at home, but audiences from all four corners of the globe.?

What does this mean??

While consolidating activities does bring bigger budgets and wider reaches, concerns arise when speaking of monopolization and the elimination of competition.?If one French media group controls most of the broadcast airwaves, that doesn't bode well for emerging companies looking to enter into the industry.?

Why should you care??

France's major media groups are?scooping up international production?companies at an increasingly rapid rate, meaning your company could be next if you're looking to partner with a French media giant.?However, for those looking to stay independent, this is probably not the best news, and, if the trend continues, fundraising will be an incredibly important component?for smaller companies looking to compete.?

>>?DISCOVER THE FULL STORY?<<

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? This week's other top stories

• A one-on-one with Barry Ackroyd, the prolific British cinematographer and longtime collaborator with acclaimed director Ken Loach?
• Weekly box office figures, and an?analysis of gender parity?behind the camera?
• From the market:?the world's most recognizable streamer continues to support emerging international talents, with millions in tow?
• Our weekly production list, featuring?a Franco-Belgian co-production from an acclaimed French filmmaker?

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?? In other news

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