Press Release: MEDIA 2007: EUR 755 million boost for Europe’s film industry

Launched on 11 February 2007 in Berlin, the EU's new MEDIA 2007 programme will provide a €755 million boost to Europe's film industry over the next seven years. Almost 65% of the total budget will help broader circulation of European works to other countries in Europe and worldwide. MEDIA 2007 provides easier access to finance – in particular for SMEs – and increases the use of digital technologies, making Europe's audiovisual sector more competitive.