The Blum-Byrnes agreement (in French accord Blum-Byrnes) was a French-American agreement, signed May 28, 1946 by the Secretary of State James F. Byrnes and representatives of the French government Léon Blum and Jean Monnet. This agreement erased part of the French debt to the United States after the Second World War (2 billions of dollars).
The Truman administration offered a new and very attractive loan contract to France.
In exchange, Byrnes had a requirement: that all French cinemas were open to the American movies except one week a month. It was a way to spread the American way of life and to promote the Hollywood film industry.