It’s called Creative Europe and it will promote the mobility of artists and the distribution of European audiovisual works. It will run from 2014 to 2020.
European culture, cinema, television, music, literature, performing arts, heritage and related areas: these are the fields that will benefit from increased support under the European Commission’s new Creative Europe programme, that will run from 2014 to 2020.
With a budget of €1.46 billion over the next seven years – 9% more than current levels- the programme, that will bring together and reorganize the existing Culture, MEDIA and MEDIA Mundus programmes, will promote the mobility of artists and the distribution of audiovisual works. It will boost the cultural and creative sectors, which significantly contribute to economic growth, employment, innovation and social cohesion, in line with the “Europe 2020 Strategy” for smart, sustainable and inclusive growth.
SMEs and other micro organizations in the cultural and creative sectors – potential developers of cultural and creative projects such as theatre or street performances – will have easier access to funding through loans from European banks partly guaranteed by the new facility.
The Creative Europe programme will support producers and distributors of audiovisual work faced with digitization and linguistic fragmentation on the European market. Priority will go to films, multimedia, documentaries and short films. In their negotiations with national governments, MEPs secured specific provisions for the funding of subtitling, dubbing and audio description of European films. This will help improve the distribution and increase the accessibility of European works from different countries.
Creative Europe will provide funding for at least 250,000 artists and cultural professionals,
2,000 cinemas, 800 films and 4500 book translations. It will also launch a new financial guarantee facility enabling small cultural and creative businesses to access up to €750 million in bank loans.