According to a press release on May 18th, the Canal Plus Group, the largest private funder of French cinema, announced the completion of a “Cinema Agreement with all the professional cinema organizations (PRA, BLIC, BLOC, UPF). The 5 year agreement confirms the historical and virtuous partnership between CANAL Plus and French cinema.” AFP and Le Monde said “this text extends the previous December 2009 agreement, in which Canal Plus undertook to spend 12.5% of its turnover buying European and French films.”
Sources: communiqué de presse canal + et lemonde.fr
