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VIDEO GAMES : 23 FRENCH PROJECTS SUPPORTED BY THE FAEM

Paris (AFP) – The Fonds d’Aide à l’Edition Multimedia would finance 23 projects of video games for a total amount of 3,6 millions euro announced jointly the Ministère de la Culture and the Ministry delegated to industry, underlining that “this support would stimulate the revival of French creation”.

Those financial supports should help to select a create a playable demo which is necessary to contract with a publisher.
On 58 companies that presented 78 projects, the Commission of FAEM selected the following 22 companies : Arkane Studio, Game Act Studio, Artefacto, Cyanide, Darkworks, Eko Software, Elektro Games, F4-Toys, Financier of Leisure activities / Redux, Futurikon, Hydravision, Interactive Revolution, Kawaï Studio, Lexis Numérique, MonteCristo, Nadeo, Nevrax, PéoLéo, Quantic Dream, White Birds, WideScreen Games and Xilam Multimédia.
The selected projects cover all the domains video games, from adventure to on-line
multiplayers games, action games and those intended for the young public.
The Association des Producteurs d’Oeuvres Multimedia (APOM) saluted the result of this first Commission of the FAEM underlining that the fund should be institutionalized. “The number and quality of projects presented to the FAEM testify of exceptional diversity of this industry” declared Antoine Villette, CEO of the APOM.
He added that “France should create efficient financing mechanisms of projects if France wishes to play a major rolei in creation of intellectual property in the future”.
Thus the APOM whishes “to engage a debate with the CNC and the Ministère de la Culture and of Industry on the manner to maintain the system on long term”.

Because of evolution of technologies, the cost of a prototype of video games growths from 100,000 euro to 500,000 euro in few years.

Source: Electrogames

VIDEO GAMES : 23 FRENCH PROJECTS SUPPORTED BY THE FAEM Tuesday, February 24, 2004
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