KUALA LUMPUR (May 5): Media Prima Bhd has been overlooked by the market as the potential beneficiary of Disney+ Hotstar’s entry into Malaysia, according to a local research house.
In a note today, CGS-CIMB Research said much of the local content that will be added to the subscription video-on-demand (SVOD) service’s library is produced by Media Prima’s Primeworks Studios.
“We suspect these programmes and movies have been fully amortised since they are mostly dated content. Thus, most of the amount that Disney pays to Media Prima for the content should theoretically trickle down to the latter’s bottom line,” said its analysts Kamarul Anwar and Mohd Shanaz Noor Azam.
Mediabrands Malaysia has announced the appointment of Fan Chen Yip as Chief Investment Officer of Mediabrands Malaysia.
Fan Chen Yip will be responsible for all legacy and new media investments within the group. In his role, he will expand the trading scope to adapt to the new needs of the industry and create opportunities to optimise business value for clients, with a strong focus on buying accountability and innovation.
Chief Executive Officer of Mediabrands Malaysia, Bala Pomaleh said, “We are delighted to welcome Fan to the Mediabrands executive leadership team to helm this critical role. His deep knowledge of our business and clients, coupled with his strengths in partnership will help steer us ahead of the curve. His experience across multi-faceted roles within the industry thus far will hold us in good stead as he works in collaboration with Mediabrands agencies and client leaders to advocate the right investment decisions for them.”
Malaysia is renowned for its wide range of festive seasons, celebrated by all in equal gusto thanks to the multicultural flavour of its citizens.
But when the pandemic struck in early 2020, it took all by surprise and redefined the way everyone celebrates the festive seasons.
From nostalgic drives
balik kampung to visit loved ones and being thronged by young, excited children of your local neighbourhood as they collect duit Raya, these memories can only be reignited once the pandemic has been contained.
For now, in the new normal, the Government has paved new ways to ensure our safety, from maintaining and adhering to standard operating procedures (SOP) while still connected with loved ones – despite the long distances.
He was previously chief operating officer at Media Prima Omnia, first joining the team in 2017 as head of key account management and media sales planning.
Finas offers two funds to boost local creative content 27 Apr 2021 / 13:25 H.
KUALA LUMPUR: The National Film Development Corporation Malaysia (Finas), in collaboration with Radio Televisyen Malaysia (RTM), is offering the PELAKSANA 3.0 Kenegaraan Fund to local production companies to boost the production of national-themed creative content.
Finas’ Corporate Communications Unit, in a statement, said that the fund will also be able to help regenerate the creative industry economy, affected by Covid-19.
“The fund is offered to local production companies to produce works for special national-themed programmes, on television station platforms, in mini-series (eight episodes) and supertelemovie categories,” the statement read.
Apart from that, Finas, in collaboration with Media Prima, also invites local production companies to apply for the TV/OTT (over-the-top) programme fund for the production of supertelemovies.