Filmmakers urged to forge joint ventures with foreign companies
Posted on July 19, 2012, Thursday
PETALING JAYA: Local filmmakers should forge joint ventures with production houses from other countries to enlarge their market, said Deputy Information, Communications and Culture Minister Datuk Maglin Dennis D’Cruz.
He said they would have a bigger market by clinching deals with film producers from China, Japan, India, European countries, and the United States.
Local filmmakers should not focus only on local audience, but think out of the box by producing movies in various languages such as English, Japanese and Tamil for global market, he told reporters after witnessing the signing of the Memorandum understanding (MoU) between Just Work Entertainment Inc. and New Age Studios Sdn Bhd in Kota Damansara here yesterday.
The MoU entails uncovering local talents for locally produced Chinese movies for foreign market.
D’Cruz said if local movies were well-received overseas, the local film industry would be very lucrative besides bringing glory to the country.
He said the ministry provided various incentives to local filmmakers such as tax incentives and compulsory screening to support Malaysian-made movies.
He also urged private television stations, pay TVs, Astro, and cinema operators to offer more competitive prices for local movies in an effort to upgrade the local film industry.
Local filmmakers are complaining of low and unreasonable payment for their movies, he said, adding that, this made it difficult for them to produce high quality film. — Bernama