Following a summit bringing together global leaders in cinema, audiovisual, and video games, a €1 billion fund is being established to support the French visual industry. Bpifrance will mobilize €500 million of this fund for French companies as part of a new Franco-Korean initiative. The initiative aims to address challenges facing the sector, indicating a need for increased support. Details regarding the specific allocation and purpose of the remaining funds were not immediately available. This investment signals a commitment to strengthening France’s position in the global visual content market. The "Lumière Summit" served as the platform for announcing this significant financial boost to the audiovisual landscape.