MCMC ALLOCATES RM40 MIL TO 85 COMPANIES TO DEVELOP CONTENT INDUSTRY

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PUTRAJAYA, May 9 (Bernama) - The Malaysian Communications and Multimedia

Commission (MCMC) has allocated RM40 million for 85 companies to develop the

local content industry in the country.

Deputy Minister of Information Communication and Culture, Datuk Joseph

Salang said MCMC allocated RM100 million to establish the Creative Industry

Development Fund (DPIK-MCMC) for a period of three years (2011-2013) involving

television, mobile and Internet content.

"It is part of initiatives to encourage involvement of Malaysians in the

content industry," he said at the first Malaysia Content For All Conference

(MCFA) here today.

The new digital cable TV operator, Asian Broadcasting Network (M) Sdn Bhd

(ABN) organized MCFA, aims to bring together the government, local content

developers and educational institutions to formulate content strategies that are

best for Malaysia.

Salang also urged the industry players to find ways to develop responsible

and sensitive contents.

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SALANG-LOCAL CONTENT 2 PUTRAJAYA

He said content has the ability to touch lives and compelling content has

the ability to influence, as such, in creating content, producers and developers

should be acutely aware of how their content may affect others.

"The regulatory framework in Malaysia encourages this. The Content Code,

which aspiring content developers should be aware of, provides for standards for

content dissemination. Content creation is one thing, content dissemination is

another.

"For your content to be disseminated, it must be in line with established

standards and regulations. Above all, adherence to this will ensure that your

content is responsible and sensitive," he said.

Meanwhile, Salang said the government encouraged investment in the industry

and support the concept of seed funding and grants to drive local content

development.

"National Film Development Corporation (Finas) is looking at ways to further

develop the industry," he said.

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SALANG-LOCAL CONTENT 3 (LAST) PUTRAJAYA

Salang said the ministry would lend a helping hand to local talents who are

keen to develop innovative and creative content.

He also urged the industry players to work closely to build a network to

share their experiences, insight and knowledge in the field of content creation.

"We are at the policy stage and the actual implementation will rely on the

industry players... We are doing our best to nurture the industry together with

the industry players," he said.

Meanwhile, Salang said the ministry, MCMC, Finas and the Multimedia

Development Corporation (MdeC) had also undertaken to generate export revenue of

local content through promotions at global events.

"Thanks to such efforts, there is now a Malaysian presence at major global

trade events such as Television and Film Trade Market (MIPTV), MIPCOM, the Hong

Kong Film Mart and Asia Television Forum (ATF)," he said.

-- BERNAMA

KHL KHL JRL

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