Germany Secures $250 Million Film-Pact, Uniting Union and SPD to Boost Global Production Hub
Economy / Finance

Germany Secures $250 Million Film-Pact, Uniting Union and SPD to Boost Global Production Hub

The German federal government has agreed with the parliamentary groups of the Union and the SPD on an investment pact aimed at strengthening the country’s film sector. The pact calls for a yearly commitment of €250 million in investment and a new program of economic film support. Its goal is to position Germany as a globally competitive production hub.

Under the agreement, a mix of voluntary investment pledges and a statutory minimum investment quota will be used to give the industry breathing room and to lock in funding. The quota applies to streaming platforms and broadcasters, ensuring that those with larger market shares contribute to the financing of German and European productions. If an entity’s investment proportion reaches twelve percent or higher, it may deviate from the statutory minimum.

Federal Cultural Minister Wolfram Weimer explained that the pact will “help protect Germany’s film location” and “provide reliable, internationally competitive conditions”. By basing the minimum investment on the European average of such commitments-and by allowing an opening clause for voluntary self‑commitments-the plan secures new work for the domestic film industry while respecting the business models of streaming services and broadcasters.