Gilles Fontaine Alvaro Longoria Eu film Covid-19 2020 president Gilles Fontaine Alvaro Longoria Eu

European Producers Club Calls for 25% Streamer Investment Quota in Europe

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variety.com

European Producers Club, a lobby of Europe’s biggest independent film and TV producers, has called on European Union governments to ensure that global OTT services are obliged to invest at least 25% of their European Union turnover into European works.80% of that should be reserved for independent producers and at least 50% dedicated to local content produced by independent producers, it added.Presented by Morena Films’ Alvaro Longoria, EPC President, the call came during a 2020 San Sebastian European Film Forum on Tuesday where the European Audiovisual Observatory’s Gilles Fontaine put losses to Europe’s film and TV sectors induced by COVID-19 at €10 billion ($12 billion) just for 2020.

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