The Media Development Authority of Singapore (MDA) have announced several new initiatives as part of its Singapore Media Fusion Plan (SMFP). Using the SMFP, the MDA is trying to attract the world's creative community to partner with Singapore companies as it strives to develop Singapore into a trusted global capital for New Asia Media.
The Governor’s Office of Film & Entertainment in Florida has announced that a film has dropped out of Queue ‘A’. This means that USD1.5 million of the 2008/2009 financial incentives fund is available again.
The German Federal Film Board (FFA) has finally agreed its budget for 2009. It is understood to be close to last year’s EUR70 million.
UK based Shine Group has acquired the Nordic region's largest production group, Metronome Film & TV for USD88 million. It increases Shine's international presence to nine territories on three continents and includes all 15 companies under the Metronome umbrella.
It has been well reported in recent months that the Russian film industry is suffering due to the economic crisis. So, in an attempt to revitalise its image, they are planning to have a large contingent at Cannes this year.
Abu Dhabi's film division Imagenation and partner National Geographic Entertainment have announced the first recipient from their USD100 million film fund.
A report commissioned by the Australian Federation Against Copyright Theft (AFACT) showed that in 2007, 50,000 Australians made their living in the film and television industry.
Filmmakers have long been attracted to Italy and the country has hosted some of the industry’s most renowned features as well as memorable commercials. But it has often proved a challenging region for cash-strapped or lower budget productions, due to a lack of accessible financial incentives.