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
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
IoT is fundamentally transforming the auto industry, turning the vehicle into a hub for connected services, including safety, infotainment and usage-based insurance. Auto manufacturers – and businesses across all verticals – have built an entire ecosystem around the Connected Car, creating new customer touch points and revenue streams. In his session at @ThingsExpo, Macario Namie, Head of IoT Strategy at Cisco Jasper, will share real-world examples of how IoT transforms the car from a static p...
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the protocols that communicate data and the emerging data analy...
I’m going to cry tonight, long and hard. I’ll do so as I remember and mourn Jeremy Geelan. I knew Jeremy for almost 20 years, from the time he showed up one day at Cloud Expo’s headquarters in Bergen County, New Jersey, and went to work. The show wasn’t called Cloud Expo then, of course – it was still known as Java Edge, a pioneering event that grabbed developers, architects, and enterprise IT users alike for twice-yearly confabs. Jeremy didn’t have a job there, or even a job offer. He was s...
SYS-CON Events announced today that China Unicom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE F...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
Big Data has been changing the world. IoT fuels the further transformation recently. How are Big Data and IoT related? In his session at @BigDataExpo, Tony Shan, a renowned visionary and thought leader, will explore the interplay of Big Data and IoT. He will anatomize Big Data and IoT separately in terms of what, which, why, where, when, who, how and how much. He will then analyze the relationship between IoT and Big Data, specifically the drilldown of how the 4Vs of Big Data (Volume, Variety,...
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your...
In his session at @DevOpsSummit at 19th Cloud Expo, Robert Doyle, lead architect at eCube Systems, will examine the issues and need for an agile infrastructure and show the advantages of capturing developer knowledge in an exportable file for migration into production. He will introduce the use of NXTmonitor, a next-generation DevOps tool that captures application environments, dependencies and start/stop procedures in a portable configuration file with an easy-to-use GUI. In addition to captu...