Europe's Emergence as a Powerhouse in Global Film and TV Production: Predicting the Next Major Successes from European Studios
In a transformative shift, Europe is becoming a powerhouse in the production of cross-border, multi-language, and platform-agnostic content. This new wave of value creation is not limited to US-based productions, as Europe witnesses a significant growth in global content production.
The barrier to market entry for non-English originals has never been lower, thanks to the evolving production infrastructure in Europe. This super-network of co-production pipelines, incentives, and international players is forming rapidly, offering numerous opportunities for creators and buyers alike.
One key factor driving this growth is the aggressive tax incentives offered across key territories. These incentives, ranging from 25-40%, are attracting producers and studios from around the world. Co-production is a common practice in Europe, offering benefits such as multi-country financing strategies, access to experienced production teams, and easier compliance with EU content quotas for global streamers.
Local studios are scaling cross-border partnerships, and our website provides information about producers and studios with a strong co-production track record and those actively looking for partnerships. The website also offers a platform for users to get in touch with the company.
The demand for non-English content is on the rise, driven by the growth of streaming platforms and digital transformation in European media companies. The surge in digital advertising revenue linked with streaming transformations signals strong industry incentives to produce diverse content tailored to regional tastes while appealing internationally.
Global streamers are setting up local original pipelines, and there has been a significant increase in premium scripted productions in countries like France, Italy, Ireland, and Spain over the last 18 months. Viewers and buyers are showing increased interest in non-English originals with authentic stories and global resonance. Global buyers are pre-buying or co-financing European IP.
To stay updated on these developments, it's beneficial to track European Audiovisual Observatory reports for financing trends and incentive updates. Attending or following key markets like EFM (Berlin), Venice Film Festival, AFM (Los Angeles), and industry networking platforms can also provide valuable insights. Utilizing global project tracking services such as Vitrina for real-time production and partnership data is essential for monitoring co-production opportunities and incentives.
Lastly, monitoring corporate reports and earnings releases from major European media groups like RTL Group can provide insights into digital transformation and content strategy shifts. By keeping an eye on these sources, we can gain a comprehensive view of how European entertainment production and co-productions are evolving, supported by incentives and responding to increasing international demand for original, particularly non-English, content.
In conclusion, the rise of European entertainment production marks a new era for global content. With its evolving infrastructure, aggressive incentives, and growing demand for non-English originals, Europe is poised to make a significant impact in the global entertainment industry.
The evolving infrastructure in Europe, including co-production pipelines and international partnerships, is making it easier for creators to produce non-English content, thus expanding the range of entertainment offerings beyond movies-and-tv produced in the U.S. (movies-and-tv, entertainment)
The growing demand for non-English content, driven by streaming platforms and digital transformation, signifies a shift in the entertainment industry, with Europe becoming a powerhouse in the production of content with global appeal and resonance. (entertainment)
