Film Financing and Independent Production Face New Policy Pressure

France’s proposed 2027 budget could increase Canal+’s VAT burden, reduce film investment by approximately €750 million, and threaten around 400 films, while cuts to France Télévisions and the CNC would further weaken the financing ecosystem. In the U.S., CAA, WME, UTA, Ron Howard, and Jason Blum are advocating a possible 50% outside-production requirement for streamers, but the proposal remains lobbying rather than enacted policy.