France and South Korea announced a joint investment of one billion euros over five years to support the film and audiovisual industry. The announcement was made by the respective heads of state, French President Emmanuel Macron and his South Korean counterpart Lee Jae-myung.
The objective of this investment is to strengthen a sector that is undergoing profound transformations. According to the article, the film and audiovisual industry is currently facing a "revolution" driven by Artificial Intelligence, which has been significantly altering content production and distribution methods.
This cooperation agreement between the two countries comes at a time when both France and South Korea are seeking to ensure that their cultural industries can compete and adapt to the new technological realities imposed by AI. The investment aims to provide the sector with the necessary resources to face these challenges.




