Malaysia

Finas allocates RM38 mil in digital content grant for filmmakers

It includes RM8 mil micro fund for local film industry players, says Datuk Zahidi Zainul Abidin

Updated 5 years ago · Published on 26 Oct 2021 4:31PM

Finas allocates RM38 mil in digital content grant for filmmakers
Datuk Zahidi Zainul Abidin says new and professional industry players can apply for the Micro Fund category for fresh content for screening on digital platforms with a maximum funding assistance of RM15,000. – The Vibes file pic, October 26, 2021

KUALA LUMPUR – The National Film Development Corporation Malaysia (Finas) has allocated RM38 million from the Covid-19 fund to the digital content grant to help small-scale filmmakers showcase their talents and works on over-the-top platforms such as Netflix, the Dewan Negara was told today.

Deputy Communications and Multimedia Minister Datuk Zahidi Zainul Abidin said they include the Filmmakers’ Micro Fund worth RM8 million for local film industry players involved in producing films with creative content development in the recovery phase of the Covid-19 pandemic.

“New and professional industry players, including those in Sabah and Sarawak, can apply for the Micro Fund category for existing new projects (fresh content) for screening on digital platforms with a maximum funding assistance of RM15,000.

“They can also apply the for Script Development Micro Fund with a maximum funding of RM15,000,” he said during a question-and-answer session.

He was responding to a question from Senator Datuk A. Kesavadas who wanted to know the ministry’s initiatives through Finas in identifying small-scale filmmakers to showcase their talents and works for presentation on digital platforms such as Netflix.

Zahid said the TV/OTT Programme Fund was set up in collaboration with Media Prima Bhd, aimed at increasing local creative content and viewing on the Tonton Cinema OTT platform, as well as regenerating the economy of the short-term creative content industry through cooperation with local broadcasters.

“A total of RM10 million is allocated under this fund, which targets local production companies affected by the pandemic,” he said. – Bernama, October 26, 2021

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