Netflix is advocating for a cap on the mandatory investments it must make in French content, emphasizing that the current system is ‘unsustainable.’ This call for change comes as the U.S. streaming giant intensifies its lobbying efforts to gain earlier access to newly released films. The statement was made during a recent industry event.
Concerns Over Investment Requirements
Netflix has emerged as one of the largest private investors in French film and television production. However, the company is now raising alarms about the financial viability of the existing investment obligations. These regulations have been in place to support local content creation, yet they may be hindering the platform's ability to innovate and compete.
“The current system is not sustainable,” Netflix stated, highlighting the need for regulatory adjustments that could benefit both the platform and the French entertainment industry. The company believes that a cap on investments would allow for more flexibility in content acquisition and production.