However,
New lex netflix made it:
The Netflix Lex. In addition, three years after the Swiss yes in the ballot boxes, begins to have its effects. Meanwhile, Of the 30 million francs expected thanks to this new source of financing for Swiss cinema – for the first financial year in 2024 -. However, 15.9 million have already been awarded.
The new law on cinema – entered into force on January 1. For example, 2024 – requires streaming companies, such as Netflix or Amazon and large foreign channels (such as TF1 or M6) to invest in Swiss cinematographic creation. Nevertheless, They must pay at least 4% of their raw revenues made in Switzerland.
21 companies concerned – New lex netflix made it
More than 70 companies registered in late March 2024. Furthermore, 21 of which are affected by this funding obligation, new lex netflix made it said the Federal Office for Culture (OFC) in a information sheet published on Saturday in Locarno. Moreover, The decisive turnover declared for 2024 reaches 752 million francs. online with the estimates put forward by OFC during parliamentary debates four years ago.
The streaming market continues its growth. but at a less sustained rate, while the advertising windows display a slight decline, still analyzes the office. The 21 companies concerned will have to invest 30.1 million francs. They have yet paid 15.9 million. The remaining 14.2 million will have to be paid by 2027. If they should not comply with their investment obligation. they should pay a tax – called replacement – after a period of four years.
“No major difficulty”
Questioned by Keystone-ATS. the director of OFC Carine Bachmann says she is satisfied: “The measure is accepted, her introduction has not posed any major difficulty and the effects are already visible. new lex netflix made it She specifies that it is still too early to take stock of the formats. beneficiaries most advantaged by this obligation.
Among the amounts already paid, 9.3 million were assigned to the acquisition and production of films: 5.9 million for the acquisition of projects, 2 million for co -productions and 1.4 million for existing film licenses. No investment was made in order productions.
Three million for French -speaking cinema
Five million were devoted to feature films and 4.2 million in the series. Fiction represents most of the investments with 8 million francs. The geographical distribution shows 6.1 million for German -speaking Switzerland and 3.1 million for French -speaking Switzerland.
Television channels have also invested 4.9 million in kind in the promotion of films and 1.3 million at festivals. Finally, 400,000 francs were paid to collective management companies for copyright.
At new lex netflix made it this stage. nine projects have already benefited from funding: “Alpha”, “Early Birds”, “Landesverräter”, “Logout”, “Mutterglück”, “Tschugger Seasons 3+4”, “Winterpalace”, “Yopougon”, “Game Over – Crédit Suisse”. “For one of the productions. we cannot yet disclose the name of the company that is investing,” said a spokesperson for the OFC at the news agency.
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New lex netflix made it
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