France and South Korea announced a one-billion-euro joint investment on September 7-8, 2026 to support the audiovisual and entertainment industry, with a summit in southern France attended by Hollywood executives including George Clooney from Sony Pictures and Disney. The initiative aims to address the threat posed by artificial intelligence to cinema.
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France and South Korea will invest one billion euros to support the audiovisual and entertainment sector, President Emmanuel Macron said as he brought together some of the world's top entertainment bosses for a summit on the future of cinema.
Hollywood star George Clooney and executives from US studios such as Sony Pictures and Disney were among the 200 guests that gathered in the south of France for a summit on the future of cinema on Monday. As part of the initiative, co-hosts France and south Korea have pledged 1 billion euros to safeguard against threats to the industry, particularly from AI.