How is funding obtained to hold the Cannes Film Festival (who pays for it)?

Question

How is funding obtained to hold the Cannes Film Festival (who pays for it)?

Question #136149. Asked by Walneto.
Last updated Mar 23 2017.
Originally posted Jun 10 2014 6:35 PM.

mctavish99

Answer has 2 votes

mctavish99

18 year member
518 replies avatar

Answer has 2 votes.

It would seem sponsorship plays a large part.
"Official Partners
Find out about the official and institutional partners that finance the Festival de Cannes."

http://www.festival-cannes.fr/en/about.html

"A NOTE ON FUNDING
The Festival's budget amounts to approximately 20 million euros, half of which originates from public funding via the National Cinema Centre (CNC) under the authority of the Ministry of Culture, the City of Cannes and other local authorities. This financing is completed by contributions from a number of professional and institutional groups along with the Festival's Official partners."

http://www.festival-cannes.fr/en/about/factsandfigures.html

Response last updated by CmdrK on Mar 23 2017.
Jun 10 2014, 9:34 PM

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Answer 1

GregWiggins

Answer has 0 votes

GregWiggins

Answer has 0 votes.

Half the budget is public funding and half is private funding. 20 million Euros is the budget.

Jun 12 2014, 10:46 AM