Welcome!

News Feed Item

Malaysia Builds Asian Hub for Digital and Broadcast Content Development

FINAS highlights exceptional creative talents and Malaysia's state-of-the-art production facilities at MIPTV 2014

CANNES, France, April 7, 2014 /PRNewswire/ -- Malaysia is poised to take the lead as the creative and content hub for South East Asia, having invested significantly in up-skilling local talents and facilitating state-of-the-art production facilities that are now attracting globally-recognised production companies here as a preferred locale.

The two-pronged strategy of providing attractive government assistance and rewarding private investment has reaped significant results as export of content produced in Malaysia has almost doubled in value over the past 24 months.

Speaking at the MIPTV in Cannes, Chairman of FINAS, Datuk Haji Md. Afendi Datuk Haji Hamdan, said that the government is investing significantly in creative multimedia infrastructure as seen through the recent opening of the US$120 million Pinewood Iskandar Malaysia Studios which is the region's largest independent integrated studio facility. This is in addition to the renowned KRU Studios in Cyberjaya, which has a strong track record of producing internationally-acclaimed content and will be premiering its recent production Ribbit a 3D animated comedy story starring an internationally renowned cast (Tim Curry, Russell Peters & Sean Astin) at the upcoming Cannes Film Festival.

The value chain extends downstream, where Malaysia is recognised as providing cutting-edge technologies at a fraction of international costs, and offering high-technology film and television studios that include 3D animation and documentary productions. The visually-pleasing and vibrant shooting locations are another significant attraction, thanks to Malaysia's cultural richness and heritage. These are strong pull factors that are encouraging international buyers, investors and co-production partners to expand its endeavours in Malaysia.

"Earlier last year, we launched the Film in Malaysia Incentive (FIMI) which provides local and foreign producers a 30 per cent rebate on audited in-country spend. We are proud to say that we have exceeded our target of USD 30.6 million as we achieved USD 45.4million of the total estimated FIMI incentive value by end 2013".

FIMI has attracted both local and foreign productions in the recent times, including four local projects and six foreign productions that are currently taking place.

"Exports of film content, television programmes, and animation has grown from more than USD100 million to over USD155 million in 2012, which proves our success in expanding our horizon of creative content development, particularly in 3D animation and other forms of digital interactive content," he added.

In addition, Malaysia's local talents are recognised for their skills and creativity internationally as seen over the years with Oscar winning Life of Pi, War of the Worlds which won the Best 3D Animated Feature Film at the Los Angeles 3D Film Festival, Bollywood blockbusters Don and Enthiran among others.

Explaining its offerings at the largest television content trade forum the 2014 Marche International de Programmes de Television (MIPTV), Datuk Haji Md. Afendi Datuk Haji Hamdan said that Malaysia brought together 19 delegates who are showcasing their exceptional creative content at the Malaysian pavilion themed 'Moving Forward, Exploring Opportunities'.

This year, Malaysia is featuring original content ranging from animation, drama and documentary film producers to an international list of buyers and distributors.

"We have ensured that strategic initiatives are in place to empower the local talent to grow the industry and support foreign productions. Thus, we are actively organising events and working closely with Multimedia Super Corridor (MSC) Malaysia to turn the creative multimedia industry into one of the main engines of growth for Malaysia by engaging creative multimedia companies and individuals to spearhead the use of digital technologies to produce top quality creative content for the world," said Datuk Afendi.

For more information or to get updates on Malaysia's participation at MIPTV, please visit www.malaysia.my/miptv

About FINAS National Film Development Corporation Malayisa (FINAS) is Malaysia's leading film agency and authority entrusted with the responsibility of developing the film industry. Established in 1981, it is a statutory agency under the Ministry of Information, Communication and Culture (MOICC). FINAS is responsible to promote, preserve and facilitate the development of the film industry in Malaysia. FINAS is the first point of contact that provides information, advice, support services and incentives for creative content production in Malaysia. FINAS is also the agency that facilitates all foreign film production work in Malaysia.

For media enquiries, please contact:

Nation Branding Division
Name: Zeckernain Pulle
Contact: +6(0) 016-682 6254
Email: [email protected]

SOURCE FINAS

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
When growing capacity and power in the data center, the architectural trade-offs between server scale-up vs. scale-out continue to be debated. Both approaches are valid: scale-out adds multiple, smaller servers running in a distributed computing model, while scale-up adds fewer, more powerful servers that are capable of running larger workloads. It’s worth noting that there are additional, unique advantages that scale-up architectures offer. One big advantage is large memory and compute capacity...
Both SaaS vendors and SaaS buyers are going “all-in” to hyperscale IaaS platforms such as AWS, which is disrupting the SaaS value proposition. Why should the enterprise SaaS consumer pay for the SaaS service if their data is resident in adjacent AWS S3 buckets? If both SaaS sellers and buyers are using the same cloud tools, automation and pay-per-transaction model offered by IaaS platforms, then why not host the “shrink-wrapped” software in the customers’ cloud? Further, serverless computing, cl...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities. In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, posited that disruption is inevitable for comp...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
It is ironic, but perhaps not unexpected, that many organizations who want the benefits of using an Agile approach to deliver software use a waterfall approach to adopting Agile practices: they form plans, they set milestones, and they measure progress by how many teams they have engaged. Old habits die hard, but like most waterfall software projects, most waterfall-style Agile adoption efforts fail to produce the results desired. The problem is that to get the results they want, they have to ch...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
The Internet giants are fully embracing AI. All the services they offer to their customers are aimed at drawing a map of the world with the data they get. The AIs from these companies are used to build disruptive approaches that cannot be used by established enterprises, which are threatened by these disruptions. However, most leaders underestimate the effect this will have on their businesses. In his session at 21st Cloud Expo, Rene Buest, Director Market Research & Technology Evangelism at Ara...
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, highlighted the current challenges of these transformative technologies and shared strategies for preparing your organization for these changes. This “view from the top” outlined the latest trends and developments i...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...