France entertainment industry is expected to see a CAGR of 7.9% during the period (2019-2025). France is one of the leading economies and technologically advanced nations across the globe. France is the fifth-largest economy across the globe and the third-largest economy in Europe. France is experiencing growth in the online video streaming industry. Several TV serials are broadcasted on online streaming platforms in France. The industry is further expected to grow during the COVID-19 lockdown period in France. Moreover, France is regarded as one of the most successful film industries in Europe. However, the COVID-19 outbreak has triggered a reality check for the French film industry, as the theatres are shut down, films and TV shoots are halted, and several movie releases have been canceled. In March 2020, the French government passed a temporary measure allowing national cinema body the CNC to unilaterally shorten the video-on-demand windows for films that were on release as cinemas across the country shut down following the outbreak of COVID-19, the illness caused by the novel coronavirus.

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France entertainment industry is segmented into online video streaming, amusement parks, theatrical & film productions, sports, and live events and trade shows. Based on the segmentation, the live events and trade shows industry is expected to get highly affected due to the outbreak of a pandemic. The major factor for the downfall of the live events and trade shows industry includes stern government restrictions for the travel and tourism coupled with the practice of social distancing, regarding the rapidly spreading COVID-19 across the globe. It is expected that the restrictions on large gatherings will be in place for some more time, which will result in lower attendance at events. Moreover, the amusement & theme parks is another industry vertical significantly affected by the COVID-19 pandemic. Theme parks across the globe have been closed to prevent COVID-19 pandemic.

Moreover, the major France-based entertainment companies such as Action Synthese, Disneyland Paris, Futuroscope, Parc Astérix, and Terra Botanica, are facing the significant impact of the COVID-19 outbreak that further affect the entertainment industry in the country. The world’s leading animation film festival, Annecy Animation Film Festival has been canceled. Along with the number of cancellations of live events and trade shows, the amusement park industry in France entertainment industry is facing challenges with the outbreak of the pandemic. Disneyland Paris, one of the top amusement parks in the world, will remain closed until further notice is received from the government.

Research Methodology

OMR global recently published a report addressing the impact of COVID-19 on the France entertainment industry. The study is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, laws and policies, consumer behavior, and macro-economic factors. The report includes an analysis of different regions and countries and the effect of COVID-19 on the entertainment industry of each respective region. Besides, an expected recovery timeline of the industry will also be included with the best- and worst-case scenario which will aid clients to take their future steps in the decision-making process.

Sources Include

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog
• Government Organizations Reports

The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

The Report Covers

• Comprehensive research methodology of France entertainment industry.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting France entertainment industry.
• Insights about market determinants which are stimulating France entertainment industry.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.