Rebates

• The European Audiovisual Observatory held a panel at the Marché du Film to analyze how public funding and fiscal incentives are evolving amid declining cinema admissions and SVoD growth. • Key regional updates include Italy introducing stricter transparency rules for tax credits, Spain seeing a 33.6% drop in foreign film investment in 2024, and the UK launching a £380 million Creative Industries Sector Plan. • These shifts highlight the critical role of state aid in maintaining the competitiveness of the European audiovisual sector against global market pressures.

• The European Audiovisual Observatory released a study on May 29, 2026, analyzing the impact of tax credits, cash rebates, and tax shelters on audiovisual production. • The report maps the legal frameworks governing these incentives, including the UNESCO Convention on the Diversity of Cultural Expressions and EU state aid law under Article 107(1) of the TFEU. • This research is critical as fiscal incentives have become primary drivers in determining where and how films and series are financed and filmed globally.

• A European Audiovisual Observatory panel at the Marché du Film in Cannes on May 21, 2026, analyzed the current state of fiscal incentives and cash rebates in European cinema. • The discussion highlighted diverse national strategies, including Italy's use of project caps and tax credits, and Portugal's enhanced incentive rates for sustainable "green" productions. • Experts noted significant regulatory differences, such as the UK's BFI cultural certification requirements and France's distinct provisions for domestic versus international independent producers.