Thriving Sector Devoid of Manufacturing Facilities: The French Audiovisual Industry Boasts a Workforce of Approximately 260,000 Employees
In France, the audiovisual industry is a sprawling field, though the exact number of its divisions remains unclear. This sector comprises various facets like film production, distribution, television channels, audiovisual solutions integration, and digital services.
Last November, key players like TF1, M6, France Télévisions (except for Canal+), and collective management organizations (SCAM, SACD, Sacem, Adami) banded together under La Filière Audiovisuelle (LaFA) to speak with a united voice and present their interests on a solid and quantifiable platform. This joint front revealed their findings in a White Paper on June 27.
Delphine Ernotte Cunci, the president of France Télévisions, recently highlighted that this industry generates an added value of 12.6 billion euros, placing it just after the pharmaceutical industry and before the automotive industry. The industry creates 32.5 billion euros in revenue and sustains 260,000 jobs, as Ernotte Cunci stated, emphasizing the need for decision-makers to comprehend the sector's significance and consider its proposals to enhance value creation even further.
Crucially, the sector includes divisions like film production and distribution (e.g., StudioCanal under Canal+ S.A.), subscription TV and over-the-top services (e.g., Canal+ channels and VOD services), audiovisual integration and solutions for education and public sectors (e.g., companies like Videlio and Octalino), and media financing and international operations (e.g., Canal+ S.A. funding domestic film production and operating subsidiaries abroad). However, the total added value for the entire French audiovisual sector isn't explicitly stated in available sources.
As a significant player in the sector, Videlio alone reported a revenue of around €368 million in 2024, illustrating the sector's substantial economic contribution from a single company. Nevertheless, the overall added value across the entire French audiovisual sector remains undefined. Curses, the data isn't precise enough! Still, it's crystal clear that the French audiovisual sector is a formidable economic powerhouse, driving jobs and revenue for the country.
The French audiovisual sector, as highlighted by Delphine Ernotte Cunci, generates an added value of 12.6 billion euros, positing it among the significant players within the finance industry. This sector, while including divisions like film production and distribution, also encompasses business areas such as subscription TV and over-the-top services, audiovisual integration and solutions for education and public sectors, and media financing and international operations.
