Singapore is launching a S$10M ($7.5M) fund to draw worldwide productions to work with native filmmakers and shine a highlight on town.
The transfer follows Singapore’s success with the manufacturing of Loopy Wealthy Asians in 2018, which boosted town’s profile as a vacationer vacation spot and likewise supported the careers of native expertise.
Collectively managed by Singapore’s Infocomm Media Improvement Authority (IMDA) and Singapore Tourism Board (STB), the ‘Singapore On-screen Fund’ will present assist for worldwide media and leisure firms in “producing TV and movie tasks that attain international audiences, and shine the highlight on vacation spot Singapore”.
“These tasks may also present alternatives for native media enterprises and expertise to work alongside international M&E companions in creating content material for worldwide audiences,” the 2 companions stated in a press release.
Worldwide media conglomerates, streamers and studios with a confirmed monitor document will likely be invited to use for the fund. Tasks have to be set in Singapore and launched earlier than the primary quarter of 2027. Every challenge that applies will likely be evaluated primarily based on its distribution plan, market attain, content material idea, inventive deserves, alternatives to showcase Singapore and the variety of native abilities concerned in credited roles.
Profitable tasks will obtain funding assist of as much as 30% of qualifying prices associated to that includes Singapore, together with manufacturing and advertising and marketing prices.
The Singapore portion of Loopy Wealthy Asians was produced by native studio Infinite Frameworks in partnership with Warner Bros Discovery. Different notable productions to shoot in Singapore and make use of native expertise embrace Korean drama Little Ladies (2022) and HBO’s Westworld Season 3.
“The Singapore On-screen Fund gives extra alternatives for our home-grown media enterprises and expertise to collaborate with their worldwide counterparts to hone their abilities and acquire worthwhile expertise on tasks that focus on the worldwide viewers,” stated Justin Ang IMDA Assistant Chief Government, Media, Innovation, Communications & Advertising.
Chang Chee Pey, STB’s Assistant Chief Government, Advertising Group, stated: “The Singapore On-screen Fund permits us to faucet the deep storytelling experience of world media and leisure gamers in a extra purposeful approach, showcasing Singapore via a contemporary lens as journey demand recovers.”
