In common with many other creative industries, the film industry now operates as part of a worldwide content market. Digital technology has made this possible by reshaping not only how films are made, but how they reach their audience.

To respond to these challenges, the Council of Europe opens for signature a new Convention on Cinematographic Co-Production on 30 January 2017. The opening ceremony took place during the 46th edition of the International Film Festival in Rotterdam.

This new Convention builds on the success story of the 1992 European Convention on Cinematographic Co-production, and provides an updated legal and financial framework for producers from different countries wishing to co-operate on the production of a film.