Film distributor Patrick Roy, who has just obtained aid of $2.75 million millions from Quebec for his new business, is surprised that some can speak of “unfair competition ”.
“For me, it's not at all 'unfair competition', it's a business deal,” replied Patrick Roy yesterday. to the Journal, stating that “the doors are also open for other players”.
Last Wednesday, Quebec bet $1.25 million in the form of preferred shares and a $1.5 M loan in its new firm “100 % Quebec “.
However, there is no question of saying how much of his own money he puts into the project. “It belongs to me. It remains confidential ”, replies Patrick Roy.
At the end of August, the president of the Regrouping of independent film distributors of Quebec (RDIFQ), Chantale Pagé, had deplored a “ unfair competition ” seeing Quebec coming to help the new company created by Patrick Roy, former president of Seville Films.
In the Journal, she denounced the fact of quickly financing “another distribution company when the sector is already well served by players”.
Yesterday, the president of Les Films Christal, Christian Larouche, qualified these fears, saying that others must also knock on the door of Quebec.
“It's a little bit special to see that Quebec is actually getting wet on a person, but it's up to us to react to see if the government is not ready to do it with others”, a- he underlined.
Refusal to answer
For his part, Patrick Roy, who has more than 30 years of experience in cinema, s is shown surprised at the storm.
” It's a bit of a shame,” he reacted.
When Le Journal< /em> asked him if he had had any meetings or exchanges with the Minister of the Economy, Pierre Fitzgibbon, the latter cut it short.
“I don't have to answer that question. I dealt with the people from Investissement Québec,” he retorted.
“I don’t even want to tell you if I spoke to him. I think it belongs to me”, he repeated during the interview.
On August 29, Le Journal reported that he did not There had been no meeting on the agenda between him and the minister.
At the Ministry of the Economy, it is estimated that the file offers “a prospect of return for the government”.< /p>
“Through his ties with Entertainment One Ltd., Patrick Roy was able to negotiate an exclusive agreement that allows him to take over all of Les Films Sevilla's commitments to Quebec producers, which will limit the impact on the Quebec industry. of the film “, explained Félicia Nicole, to the public affairs of the ministry.
In the office of the Minister of Culture, Nathalie Roy, it is explained that after the end of the activities of Seville Films, the Minister contacted the Société de développement des entreprises culturelle (SODEC) to “ensure that the films that were to be distributed are distributed, and that the catalog which contains important films from our cinematography is preserved”. < /p> Got a scoop for us?
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Katrine Johns has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Gal Post, Katrine Johns worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my firstname.lastname@example.org 1-800-268-7128