European audiovisual industry: adoption of the 1991-1995 MEDIA programme
The 1991-1995 MEDIA programme to promote the development of the European audiovisual industry has been approved by the Council with a budget of ECU 84 million for the first two years (Decision 90/685/EEC of 21 December 1990). The funds estimated as necessary for the Community's contribution to the whole of the programme amount to ECU 200 million. Actions shall be undertaken to encourage European audiovisual production, inter alia supporting new forms of technology and aiding creation, production and distribution as well as stimulating investment and improving economic and commercial management abilities. The extent and nature of Community involvement in audiovisual projects carried out under the EUREKA programme are set forth in detail in the Council Decision.