Several sources (IndianTelevision, C21Media) picked up the story of Singaporean firms chalking up US$128 million in sales deals at the recent MIPTV market in Cannes (S$193 million according to ChannelNewsAsia).
Featuring in the news were Singaporean production firms Big Communications collaboration with Flying Bark (EMTV) and Thunderbird Films based on a HarperCollins series (worth $6.5 million), and Scrawl Studios who concluded distribution deals for their animated series Nanoboy (on MediaCorp’s Kids Central), and co-production based on childrens book series Milly Molly was sold to various broadcasters around the world. Other companies striking distribution deals were or signing production MoUs were Upside Down Productions, Mega Media, Six-Six-Eight, Character Farm, and Media Freaks.
MDA CEO Christopher Chia held the sales up as an indicator of Singapore’s success, given the doubling from last year’s MIPTV sales. The biggest contributor to this however, was a collaboration deal by Singapore Technologies Electronics with Canada’s Nelvana Studios to co-produce three animated TV series and 10 DVD movies, which accounted for about US$100 million of the $128 million.
It is important to in the very least disaggregate this deal from the other deals, given that ST Electronics is the subsidiary of Singapore Techonolgy Engineering, and not necessarily the small to medium sized local content firms that the MDA is providing assistance to in Singapore.
Some related articles:
Channel NewsAsia: Singapore-made documentaries on Asia in high demand
Hollywood Reporter: MIPTV buyers pay attention to new media
IndianTelevision: $5 million India-Singapore-Korean TV co-production