40 production companies in the creative industry get RM13.9mil from Finas


The fund aims to help strengthen the creative industry affected by the Covid-19 pandemic. Photo: Bloomberg

Some 40 production companies have received offer letters for funds totalling RM13.927mil from the National Film Development Corporation’s (Finas) Digital Content Fund (DKD) under the Creative Industry Immediate Economic Action Plan (Pelaksana).

Communications and Multimedia Minister Datuk Saifuddin Abdullah said DKD aims to help strengthen the creative industry affected by the Covid-19 pandemic.

He said its objective was to regenerate the country's creative industry economy through cooperation with the private sector, involving local television and broadcasting stations, and increase ownership of copyright content among local publishers for future profit generation.

"I hope that all DKD recipients can produce quality creative work as well as revitalise this industry in line with our common goal of moving on to the international stage," he said at during an online ceremony of the handover the Pelaksana DKD offer letters today (Nov 24).

Also present were Finas chairman Zakaria Abdul Hamid and its chief executive officer Dr Ahmad Idham Ahmad Nadzri.

Saifuddin said the Ministry of Communications and Multimedia (KKMM) through Finas had always supported and assisted industry players, particularly through the Pelaksana initiative, to ensure the creative industry continues to grow despite being affected by the Covid-19 pandemic.

As such, he said every industry player should make use of the opportunity given to further develop the country's film industry.

Meanwhile, Saifuddin hopes that through the 12th Malaysia Plan (12MP) to be launched next year, the government will allocate RM550mil for DKD to boost the creative industry including film, music and animation. – Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

DKD , creative industry , Pelaksana , Saifuddin


Did you find this article insightful?


100% readers found this article insightful

Next In Entertainment

Singer Trey Songz arrested at football game for not complying to coronavirus protocols
Watch singer D.O. of K-pop group EXO perform 'That's OK' live after his discharge from military
'Bling Empire's Christine: 'People think I married well; I don't have to work'
'Harry Potter' TV series in early development at HBO Max
Keira Knightley 'not interested' in filming sex scenes in front of men
K-drama 'Mr Queen' in trouble for misrepresenting Korean history
Local singer Roy, 56, diagnosed with Covid-19 Stage 4
Radio DJ Shuk Sahar suspended after alleged extramarital affair goes viral
Malaysian artiste Haoren deletes offensive 'brownface' music video after backlash
Take care of yourself during MCO 2.0 with these health-themed TV shows

Stories You'll Enjoy