Monday, 23 December 2013

OCS invests 6% of its resources into creation

OCS invests 6% of its resources into creation:
OCS invests 6% of its resources into creation



Pascale Paoli-Lebailly | 23-12-2013



The Orange Cinéma Séries (OCS) bouquet launched by the eponymous operator five years ago, has signed a new contract with French regulator the CSA in which it will in domestic and Euro creative projects.



OCS—which offers five channels including HBO Jv OCS City—will invest €179 million over the next five years into the movie industry and will place in all 6% of its resources into audiovisual creation and independent content. It will also back more French speaking movies whose budget is equal or less than €6.5 million. An OCS label will also be given to movies under a €4 million budget.



“OCS reasserts it backs the whole movie industry, from production to distribution and theatre release. It also engages into pre-acquisitions and catch-up TV among other additional funding,” the group said in a statement.

http://www.satsupreme.com/showthread.php/275019-OCS-invests-6-of-its-resources-into-creation?goto=newpost via SatSupreme.com - Satellite TV - Daily Satellite TV News

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