French Films Allocate Under 3% of Budget on VFX on Average, CNC Report Reveals

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French Films Allocate Under 3% of Budget on VFX on Average, CNC Report Reveals
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On average French films allocate under 3% of their total budget on VFX, according to a report on employment in the French VFX sector presented at PIDS Enghien in Paris by the French film and TV age…

On average French films allocate under 3% of their total budget on VFX, according to a report on employment in the French VFX sector presented at PIDS Enghien in Paris by the French film and TV agencyThe report, produced with market research firm Audiens, found that for films budgeted at over €15 million , the VFX spend rises to an average 11.8% of budget.

,” which spent $4.4 million on VFX, Roman Polanski’s “An Officer and a Spy,” which spent $2 million, and Jan Kounen’s “My Cousin,” which spent $620,000. The French VFX sector is securing an increasing percentage of VFX spend for French productions. Overall, 76.7% of VFX spend is located in France, whereas 23.3% is handled by VFX shops outside France.

The CNC report identified major recent international titles, including Ridley Scott’s “The Last Duel,” and Netflix series “Oxygen” and “La Révolution,” but did not disclose data on their VFX spend. Between 2011 and 2019 there was a 24% rise in full-time employment in the VFX sector. In 2020 the sector had 899 full-time employees, 39% higher than the number recorded in 2011. Nonetheless, employment levels, especially for freelance staff, fell in 2020 as a result of the pandemic.

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