New S$55m media funding aims to enhance virtual production in Singapore and help dramas go global

The technology can be used in various industries besides television and film, including marketing and digital activities as well as educational initiatives. For systems was also used for the opening and closing ceremonies of the Olympic Esports Week, which was held in Singapore in June.

By hiring foreign coaches and incorporating these modules into the current media education at higher education institutions, the new funds will be used to expand the local talent pool. Starting in April of next year, digital production programs will be offered by Republic Polytechnic and Ngee Ann Polytechnology.

To keep up with the rising demand for this technologies, nearby producers like Oceanus Media Group and AUX Media are even funding equipment and training program improvements.

According to Oceanus Media Global CEO Nick Tan, increasing the use of digital production will advance Singapore’s media landscape.

” Online production” gave rise to improved story and a whole new creative universe. According to him, Singapore is in a great place to integrate this online production into our workflow.

CHANGES IN MEDIA LANDSCAPE

According to Mr. Tan, the media landscape has undergone major changes over the past ten years, with streaming service and social media platforms revolutionizing how viewers consume information.

” In this new world, our press habitat has continued to grow and adapt. There are many exciting options forward, he told CNA’s Singapore Tonight. ” This purchase is really a reflection of our faith in our abilities and the internet ecosystem.”

He pointed out that the Asia-Pacific internet market is expected to expand from S$ 1.65 trillion to S$ 2 trillion in 2028.

” We want to support this expansion of our media ecology.” Singapore can remain competitive in this area where technology and internet interact, he said.

For us to show our own Singaporean reports, the media is a crucial industry. It strengthens our sense of culture. It tells tales of our history and our aspirations for the future, according to Mr. Tan.

” The internet market is a promising area for rise.” It fosters successful jobs and allows us to grow our economy and market beyond the confines of our tiny dark dot.