Singapore is to tear down its government film financing infrastructure and replace it with five simplified schemes that cross all aspects of media and entertainment.
The announcement was made this afternoon (Wednesday, 28 Sep) by the Media Development Authority of Singapore in a briefing to the local industry.
The current system involves no less than 46 different MDA-backed support schemes relating to seven different industry sectors (film, broadcasting, music, games, animation, new media and publishing) which the local industry has found difficult to navigate. The film sector alone was eligible to use 14 different funding schemes. Full story
Related:
Singapore Restructures Financing Mechanisms - WorldScreen.com
