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Lee Jae Myung to co-chair French summit on cinema, announce investment initiative

Korean President Lee Jae Myung was set to co-chair a global summit on the future of cinema in Saint-Paul-de-Vence, France, on Monday, and announce a large-scale investment initiative for the global cinema sector. Lee, alongside French President Emmanuel Macron, will co-chair the Lumiere Summit, where he plans to deliver a speech outlining efforts to address a shift in the environment that is…

Lee Jae Myung to co-chair French summit on cinema, announce investment initiative

South Korean President Lee Jae Myung will co-lead an international summit on the future of cinema in Saint-Paul-de-Vence, France, on Monday. The event, known as the Lumiere Summit, will see him join forces with French President Emmanuel Macron. During the summit, Lee aims to address a changing landscape that is posing challenges for the cinema industry. The gathering will gather policymakers, politicians, and artists from 30 nations, all focused on discussing cinema's future and beyond.

At the summit, Lee and Macron will jointly unveil an investment plan to allocate a total of 500 million euros ($580.9 million) over a five-year period beginning in 2027. According to Seoul's presidential spokesperson Kang Yu-jung, participating countries will establish funds to support local content creators and explore joint production initiatives together. In addition to the summit, Lee will meet with Korean filmmakers and actors who have been invited to the event.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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