TF1 Group has signed a new agreement with the French film industry designed to reflect changes in viewing habits.The agreement with BLIC, BLOC and ARP includes an increase in TF1’s pre-sale and purchase of new French and European films with the investment obligation raised from 3.5% to 3.65% of total net broadcasting revenues. In addition, purchases of broadcasting rights for French and European films will still be able to represent up to 20% of the obligation.There is also an increased commitment for TF1, which will pre-finance on average a minimum of 19 European or original French films a year.There will also be a wider exposure of films on the TF1+ free streaming platform: under the new agreement, pre-finance films will be available to view in replay for 30 days rather than 7 days.In all, and independently of its regulatory obligation to invest, TF1 is committing a minimum annual spend of €19.2 million on European or original French films.
Copyright © 2024 Broadband TV News.