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Astro backs International Production Venture Ideate Media begins hunt for New Projects

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Content Asia,  20 May – 3 June 2013 The international unit of Malaysia’s powerful media company Astro has tied up with Malaysian government investment arm Khazanah Nasional in a new content development/investment venture that pushes the country’s production ambitions to new highs. Ideate Media, headed by Astro veteran Zainir Aminullah out of Kuala Lumpur, has a long-term vision to own globally successful content assets. The first project is expected to be announced in the next three months. Development will start this year and the first production will be released in the first half of 2014. Total investment and available funding available has not been disclosed. Aminulah says, however, that Ideate has the backing to participate in up to 12 international projects over the next three years. The initial projects will most probably be English-language productions with global distribution potential. Other languages are likely to follow. There is no requirement in the JV terms to include local themes, topics or teams although strategically these are key considerations.

“The economics are such that we want to make sure we invest in projects that are prestigious and with the right budgets that are feasible for international distribution,” Aminullah says, adding: “The ROI has to come from the world”.

The Ideate Media venture is part of a broad rework of Malaysia’s role on the global content stage, including the much-lauded 30% production rebate and multi-million dollar new studio facilities at Pinewood Iskandar. Aminullah says Ideate will invest in “stories and concepts that lend themselves naturally to feature films and television series in both live action and animated form”. Aminullah isn’t ruling out an Asian production staple – factual – and says a factual series is already on the cards. He is excluding anything that isn’t scripted. “We’re sticking to the scripted space,” he says. He adds that the company will be seeking “strategic partnerships globally to maximise the reach and commercial potential of its investments”.

“Malaysia has emerged as a new destination for international filmmakers... Ideate Media is well positioned to play an active role in this growth,” Aminullah says. The joint venture between Astro Overseas and Khazanah Nasional Berhad was about two years in the making. Aminullah says the idea grew out of the opportunity “to participate more aggressively in the development space”. This followed years of Malaysian involvement in production for regional and international projects.

He says the energy poured into these initiatives “has helped to create an industry and helped local companies to participate in international projects. In that, it’s a job well done”. At the same time, “not a lot of money was being spent on development... on developing our own IP and stories”. Aminullah’s drivers in pitching the venture to the two shareholders included an aggressive government play in attracting international producers to Malaysia, including the 30% rebate and a slew of co-production treaties. The third dynamic was Pinewood Iskandar. “The idea was to set up a commercial venture that allows us to have equity participation in international projects,” Aminullah says. Ideate Media’s strategy includes participating more aggressively in development, and allocating resources to acquiring underlying rights and spending money to develop ideas. “We want to be able to have a strong development pipeline that we can take to the market and talk about to potential partners,” Aminullah says. The new element that Ideate brings to a relatively familiar creative/sales/marketing process is “joining the dots between the development and commercial processes”.

Aminullah says companies in Asia tend not to link creative and commercial. “They’re passionate about projects but don’t have the link to commercial processes. There is a lot of opportunity to play a role in joining the dots, in making sure the development slate is commercial,” he says.

That includes forming funding relationships with other investors and commercial partners. He adds that Ideate Media is “not a production company... we will be using the ecosystem out there, working with production houses, allowing them to be part of a bigger vision”. “We are doing this because we want to make sure that the shows and concepts that we invest in are going to be able to be successful internationally,” Aminullah says, adding: “At the end of the day, we want to be known as a content company, as a venture that owns commercially successful IP.”

Malaysia Studio Set to Have Regional Impact

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Film Business Asia,  20 May 2013 The imminent opening of a new studio facility in southern Malaysia has the potential to bring significant change. But it is not yet clear how it will play out.

The studio, built in partnership between multinational facilities group Pinewood and Malaysian government investment fund Khazanah Nasional, is set to enjoy a soft opening next month and be fully operational a few months later.

Housing six new sound stages and a corollary of facilities and craft services, the studios are close to the proposed Iskandar Financial District and the Legoland Theme Park, within a 700 acre site.

The operation is headed by Australian studios veteran Michael LAKE.

The local Malaysian industry, which has ballooned in number of productions but remains largely at the low-budget of the scale, is expected initially to use the facility for TV and commercials, rather than features.

Lake is keen to sign up one or two significant international pictures to shoot as soon as the studios have begun to function normally. He has been touring the major film-making centres pitching the case for Pinewood Iskandar Malaysia Studios.

Crucial to winning international business is the new 30% production rebate that was announced at the beginning of the year and signed into effect in early March.

The rebate is the first of its kind in Southeast Asia and seems simple enough in to understand in principle — foreign films with a budget bigger than RM5 million (US$1.65 million), can claim back 30% of their Malaysian spend.

There are still practical questions as to how and how quickly the rebate can be accessed that are likely to only become clear when an incoming film attempts to use the scheme.

In principle the rebate puts the country on a par with Australia and New Zealand and should enable Malaysia and the new studio to compete internationally.

Malaysia as a new player could have consequences for other locations.

Singapore, which is closer to Iskandar than Kuala Lumpur, is seeking to co-operate rather than compete. And Thailand has been warned that it needs to react or risk losing some of its crucial locations business.

For Thailand the potential problem could go deeper. Until Iskandar has developed enough skilled technicians of its own it will need to bring in foreign staff at many levels. "Thai crews could end up working in Malaysia instead of Thailand," producer Iain SMITH warned the Thai government last month. That could strengthen Malaysia and weaken Thailand.

Although getting the rebate approved was a genuine success for Lake, Iskandar and Malaysia, the Malaysian government has injected a dose of uncertainty into the mix by its own actions.

At the end of the year it announced wholesale changes to the management of film regulatory body National Film Development Corporation of Malaysia (FINAS) |Perbadana Kemajuan Filem Nasional Malaysia. It followed that by twice postponing the Kuala Lumpur Content & Communications International Market (KLCCIM) and the related International Film Festival Malaysia.

Add to that, many government functions were on virtual shutdown through April, ahead of the 5 May general election. - By Patrick Frater

FINAS Lead Over 40 Malaysian Media Entertainment Companies to MIPTV – Cannes, France

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finasKuala Lumpur,  5 April 2013 Ahead of the 13th Malaysian General Elections, the Malaysian Government agencies are ramping up their enhanced marketing initiatives for TV & Film production and working together in the process. This year in MIPTV (Cannes, France), more than 40 Malaysian Companies will be represented in the world’s largest market. The National Film Development Corporation Malaysia (FINAS) has joined forces with the Malaysian Communications & Multimedia Commission (MCMC) and Multimedia Development Corporation (MDeC) in association with the Malaysian External Trade Development Corporation (MATRADE) and the Creative Content Association of Malaysia (CCAM) to reshape and enhance the local film and digital content industry by exposing multiple content properties to the global market place.

Malaysia’s objective is to put innovation, creativity and entrepreneurship at the forefront of the global film and television content supply chain and to make this industry as an active engine of growth and reputable contributor to its national GDP.

To achieve this, the Malaysian Government is going all out to assist the export of Malaysian film and television programme at one of the world’s biggest content market in Cannes, France.

For the MIPTV 2013, held from April 8th to 11th, the Malaysian Government has established a Malaysian pavilion branded under a joint trade name called “Empowering Content for the World” where more than 40 Malaysian Media Entertainment Companies comprising of Broadcasters, TV & Film producers as well as animation and documentary production studios will participate.

The 40 Malaysian Companies represented in MIPTV 2013 are broadcasters (TV Alhijrah, LiTV Asia, Media Prima Digital, MEASAT Broadcast Network Systems (ASTRO), Sistem Televisyen Malaysia, Metroplitan TV, Natseven TV, Ch-9 Media) and TV & Film production companies (Animonsta Studios, Artakus, Backbone Entertainment, Bright Network, Clover Sky, Dangerous Media, Double Vision, Escalade, Eurofine, Giggle Garage, Global Creative And Media Agency, Hud Hud Media, Inspidea, MediaHub Asia, Nafalia Corporation, New Enterpreneurs Foundation, Peppermint Productions, Pinewood Iskandar Malaysia Studios, Primeworks Studios, Sixty2 Pictures and Vision Animation).

The Malaysian buyers and distributors consist of Ambang Entertainment, Antenna Entertainments, Asia Teleprogramming, Bright Network, Juita Viden, Multinet Aim, Solimac, Vision Plus Entertainment and Worldwide Rights Corporation.

According to Raja Rozaimie Raja Dalnish Shah, Director General of FINAS, the current local film and television market is growing rapidly, thanks to the active support from the Malaysian Government, namely FINAS, MDeC and MCMC rolling out various financial incentive programmes and grants benefitting many local and foreign film and television companies in Malaysia.

“As a result, the Malaysian film and television content industry is expanding within the Malaysian economy as we now can witness an increase of development of world-class intellectual properties (IPs), accomplishment of international co-productions deals and acquirement of contents and distribution agreements worldwide,” he added.

Amongst the many grants and incentives available are the "Film in Malaysia Incentive" (FIMI) which commenced recently on 1st January 2013, which provides local and foreign producers a 30% rebate on audited in-country spend; the US$ 38 million Creative Industry Grant by the Ministry of Information, Communications and Culture; the US$ 33 million Creative Industry Development Fund by the Malaysian Communications and Multimedia Commission and the US$ 65 million MyCreative Fund by MyCreative Ventures.

In regards to FIMI, FINAS anticipates that this incentive will encourage production works and increase skill sets that would be of international standard for the populace throughout the ecosystem of the creative content industry. This impetus is of crucial importance to the nation’s economic, social and intellectual development. The Malaysian Government believes that this effort would be a landmark decision that would benefit, develop and further support the industry. This incentive will not only promote the creation of quality creative content, but it will also make Malaysia a preferred destination and film production hub. FIMI is a 30% cash rebate on all Qualifying Malaysian Production Expenditure (QMPE), offered for production and post-production approved activities by local and foreign producers in Malaysia.

Rozamie said the key strengths of the Malaysian film and television studios, including animation and documentary productions, would be its richness of culture and heritage, as well as its strong resources & facilities. All these can provide the affluent material resources for developing the culture and content industry. Thus, with the highly talented workforce, strategic geographical location and economic stability, it allows the country to provide a unique position as being a multi-lingual, multi-cultural and rapidly growing market.

Furthermore, the US$120 million Pinewood Iskandar Malaysia Studios (based in Johor on a 20 hectares site), to be completed in May, will also set a new milestone for Malaysia and the region. The state-of-the-art complex, a collaboration between the Malaysian Government investment arm, Khazanah Nasional Bhd and Pinewood Shepperton (the British studio known as the home for the James Bond franchise), will be the region's largest independent integrated studio facility in the region, in addition to KRU Studios in Cyberjaya.

This national development will also be adversely helping and guiding the Malaysian Content industry grow and prepare Malaysia as a major global content player in the coming years. The studio also expects to generate an economic profit of RM 1 billion over a period of eight years and also create 3,000 direct jobs and potentially another 5,000 indirect jobs a year from the rising number of foreign films and television shoots.

Michael Lake, CEO of Pinewood Iskandar Malaysia Studios said that he was truly impressed and excited over the high degree of commitment, resources and attention that the Malaysian Government has dedicated in the hopes of transforming the film and television production industries, and is convinced that Malaysia will be a major power in the Asian content business in a few years to come.

For the MIPTV 2013, Malaysia welcomes the world to a new scope of creative partnerships. Malaysia, being globally known as “Truly Asia” is a world-class digital content hub for Asia, and now welcomes the world to witness, engage and cooperate with leading-edge Malaysian media companies. The Malaysian government encourages the establishment of smart partnerships of any form such as co-production, distribution, work-for-hire projects or even investment opportunities. Malaysia has a competitive advantage where the world sees Malaysia as an attractive and conducive Asian Hub for digital content development for the world, along with a comprehensive package of government incentives and state-of-the-art production facilities.

USD 30.0 Million Worth of Deals Announced in the World's Largest Content Market (MIPCOM)

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Malaysian Government Confirms the 1st Kuala Lumpur Communications & Creative Industry Mart (KLCCIM) on 26th - 29th March 2013

pr_cannesCannes, 8 October 2012 – His Excellency Dato’ Sri Kamaruddin Siaraf, Secretary General of the Ministry of Information, Communications & Culture of Malaysia is leading a Malaysian  delegation comprising of 40 companies to MIPCOM, which is being held this year from October 8th to 11th 2012 in Cannes, France.

On the first day, H.E. Dato' Sri Kamaruddin took the honour to announce 12 deals worth USD30.00 mil during the Creative Malaysia Networking Reception at Hotel Gray D'Albion. The networking reception was co-organized by the National Film Development Corporation Malaysia (FINAS),  Malaysian Communications & Multimedia Commission (SKMM) and Multimedia Development Corporation (MDeC), in association with the Malaysian External Trade Development Corporation (MATRADE), and was well attended by over 200 international industry professionals.

Mr Stephen Davis, President of Hasbro Studio's, who signed a production agreement with Malaysia's Vision Animation and Australia's Moody Street Kids during the evening, also made an inspiring speech. He mentioned that in order to stay competitive, it is important to work with experienced producers from Asia, and co-producing with Malaysia is an ideal choice. He praised the Malaysian Government for creating a conducive creative eco-system for international producers like himself.

The deal signing between Hasbro, Vision Animation and Moody Street Kids, was witnessed by H.E. Dato' Sri Kamaruddin Siaraf and provided the highlight of several Deals and Memorandum of Agreements (MoA) announced during the evening.  Stephen Davis, President of Hasbro Studios, Low Huoi Seong, Managing Director of Vision Animation and Gill Carr, Managing Director of Moody Street Kids signed a multi-million dollar production agreement for the animated TV series "Transformers - Rescue Bots (Season 2)” (26 eps x 30 mins), a production to be undertaken jointly by Vision Animation and Moody Street Kids, with work distributed between Malaysia, Australia, Canada and USA.

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Bola Kampung Adds Value to Charity by Supporting the PJ Half Marathon in Oppa Gangnam Style

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BK MarathonKuala Lumpur,  2 October 2012 - 'Bola Kampung' a popular home-made animated television series in its sixth season, as seen on Disney Channel Asia and Cartoon Network Asia in over 16 Asian countries, has recently made its appearance in last week's auspicious PJ Half Marathon event and surpised over 10,000 participants with its social obligations & fun activities as a great role model for the children & families of tomorrow. Much loved 'Bola Kampung' characters Iwan, Kumar and Stezo joined the energized participants in the annual sports event in the PJ Stadium in Kelana Jaya in the much anticipated 'Bola Kampung - Oppa Gangnam Style' fever.  Joined by many families and friends in the country, the creators of "Bola Kampung" took the liberty to co-organize various activities and raise the level of fun in the interest of charity for the PJ Half Marathon event by playing a major role in the community by leading the participants in proper conditioning & warm-up activities before the kick-start of the PJ Half Marathon 2012.

The signature icon of the PJ Half Marathon event was marked by a 32ft tall giant inflatable 'Bola Kampung' animated character of Iwan, which was also awarded during the event as 'The Biggest Inflatable Mascot', recognized by the Malaysia Book of Records. The crowd got even escatatic when the producers and artists from Animasia Studio performed a flash mob, based on the famous 'Bola Kampung - Oppa Gangnam Style' together with the Bola Kampung characters, and were joined by a significant bunch of overjoyed participants.

The PJ Half Marathon certainly was a memorable one this year with the cooperation with Animasia Studio when participants were also given a chance to play Dunkin Station and Inflatable Football Challenges and a chance to win official 'Bola Kampung The Movie' merchandizes, such as t-shirts and various stationaries. 2,000 over colorful 'Bola Kampung' balloons were also distributed to children and families, which was proudly sponsored by Pusat Pakaian Hari Hari, the official licensee for Bola Kampung apparals & ASADI Shoes, the official licesee for Bola Kampung footwear.

Edmund Chan, Managing Director of Animasia Studio said, "Animasia has come a long ways and is in the virtues of developing entertainment and smiles to children & families, therefore we are happy and committed to contributing & supporting the community & various charity events, such as the PJ Half Marathon and many other events in the near future. "

Bola Kampung The Movie, a 95-minutes 3D CGI football adventure is expected to make its release in cinemas nationwide in 1st Quarter 2013. The movie is distributed by Golden Screen Cinemas. To keep in touch and updated on 'Bola Kampung The Movie' activities, log on to www.bola-kampung.com or LIKE the Facebook page on www.facebook.com/BolaKampung.

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