— Published 9 March 2023

Power struggle regarding the Cité du cinéma

The information is reported by the AFP: the production company EuropaCorp, founded by the French director Luc Besson, gave notice to the owners of the Cité du cinéma in Saint-Denis, where will be installed the space of restoration of the athletes to the Olympic and Paralympic village of the Games of Paris 2024. It claims the payment of an eviction indemnity of 14 million, for itself and the nine other tenant companies. The Cité du Cinéma is owned by the Nef Lumière company, of which the Caisse des dépôts et consignations is the main shareholder. “The very existence of each of the occupants of the Cité du Cinéma is in jeopardy and will deal a mortal blow to one of the jewels of the French audiovisual ecosystem,” said EuropaCorp’s lawyer, Arnaud de Senilhes. The occupants will never be able to find premises to house them for more than a year unless they sign new commercial leases committing them for at least three years, which will make it impossible for them to return to the Cité du Cinéma premises“. Colliers Global Investors France (CGIF), manager of the Nef Lumière company, assured AFP that it had begun discussions with the “aim of finding an amicable agreement for early release“. The Cité du Cinéma should normally be made available to the Paris 2024 OCOG from November 2023.