The Southeast Asian film industry is set for a major boost. Oceanus Media Global (OMG), a pioneer in virtual production technology in Southeast Asia, announces a groundbreaking initiative. They will co-produce six films valued at $20 million USD. This ambitious project was unveiled during the Malaysia International Film Festival. Key partners include Iskandar Malaysia Studios (IMS), Asia Media Alliance (AMA), Mandela Pictures, and True Colour Media Group (TCM).
Highlights
Pioneering Virtual Production in Southeast Asia (SEA)
First and foremost, OMG’s cutting-edge virtual production technology is at the heart of this initiative. This advanced technology delivers high-quality, immersive content. It streamlines production processes, reduces costs, and expands creative horizons. Therefore, by setting new standards, OMG aims to lead in virtual production technology in Southeast Asia.
A Collaborative Effort
Moreover, AMA and Mandela Pictures bring storytelling expertise and regional insights. They ensure a culturally rich and diverse slate of films. Additionally, the Film In Malaysia Incentive (FIMI) offers crucial support. Thus, this partnership underscores Malaysia’s commitment to a vibrant film industry.
Nick GC Tan, CEO of OMG, highlights the project’s significance. “We are excited to lead this transformative initiative. Co-producing six films with our esteemed partners underscores our commitment. We leverage local talent and resources, utilizing virtual production technology to its fullest potential. We thank FINAS for their support through the Film In Malaysia Incentive (FIMI). It has been instrumental in making this collaboration possible.”
State-of-the-Art Infrastructure
Furthermore, Iskandar Malaysia Studios backs the project. These films will benefit from world-class sound stages and production facilities. Consequently, this unparalleled infrastructure provides filmmakers with an ideal environment. They can bring their creative visions to life, ensuring the highest quality standards.
Rashid Karim, CEO of IMS, expresses his enthusiasm. “IMS is proud to support this strategic collaboration. It signifies a significant investment in the growth and development of the film industry in Malaysia and the wider SEA region.”
A Commitment to Diverse Storytelling
In addition, OMG is dedicated to producing six films in Malaysia. Not only that, they also will highlight the region’s rich cultural diversity and talent. This $20 million USD investment pushes the boundaries of creativity and storytelling. Thus, Malaysia is positioned as a premier destination for film production.
Hoo Wee Tay, Co-Founder of AMA, shares his excitement. “AMA is thrilled to be part of this collaboration. Together, we aim to drive forward the SEA film industry and bring diverse stories to a global audience.”
Additionally, Mandela Pictures Representative adds, “Partnering with OMG and the other stakeholders allows us to bring compelling narratives to life. We utilize the latest in virtual production technology.”
A Milestone for the Southeast Asian Film Market
Overall, this collaboration marks a significant milestone. It ushers in a new era of innovation, collaboration, and growth. With a shared vision and commitment to excellence, the partners are poised to reshape the region’s film industry. They aim to cement its position on the global stage.
Editor’s Note
This announcement by Oceanus Media Global represents a pivotal moment for the Southeast Asian film industry. By leveraging advanced virtual production technology and fostering diverse partnerships, this initiative promises to enhance the region’s filmmaking capabilities and global standing. The commitment to co-produce six culturally rich films underscores the potential for creative growth and economic development in Malaysia and beyond. Thus, as this collaboration unfolds, it will be essential to monitor its impact on local talent, production standards, and the broader film industry landscape.
