IMDA unveils $8m fund for the media sector

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The Infocomm Media Development Authority (IMDA) rolled out the $8m Public Service Content Fund to catalyse more production projects, according to an announcement. This aims to benefit media companies with opportunities and reduced operating costs, and to assist media professionals and freelancers.

Under this initiative, Mediacorp, Viddsee, and Singapore Press Holdings will commission short-form content for their digital platforms through a call for proposal (CFP), providing $150,000 per project per call. Mediacorp will launch the first CFP on 23 April.
Self-employed persons (SEPs) will be provided a training grant of up to 90% of course fees, capped at $3,000 per course under the Talent Assistance Programme.
In addition, IMDA will contribute $20,000 to the Singapore Association for Motion Picture Professionals’ COVID-19 Relief Fund, offering grants between $300 and $500 to film and TV media practitioners affected by project cancellations and postponements.
IMDA has also worked with multinational media corporations to implement the Capabilities Partnership Programme, pairing them with local media companies to develop “Made in Singapore” content. This is expected to benefit 80 to 100 local media companies over the next 12 months.
The agency will waive the film exhibition and distribution license fees for media companies starting 17 April. Classification fees for films, video games, and label fees will also be waived until further notice.
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Slide 1 of 13: WUHAN, CHINAJANUARY 22: (CHINA OUT) Security personnel check the temperature of passengers in the Wharf at the Yangtze River on January 22, 2020 in Wuhan, Hubei province, China. A new infectious coronavirus known as “2019-nCoV” was discovered in Wuhan as the number of cases rose to over 400 in mainland China. Health officials stepped up efforts to contain the spread of the pneumonia-like disease which medicals experts confirmed can be passed from human to human. The death toll has reached 17 people as the Wuhan government issued regulations today that residents must wear masks in public places. Cases have been reported in other countries including the United States, Thailand, Japan, Taiwan, and South Korea. (Photo by Getty Images)
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A new SARS-like coronavirus, named 2019-nCoV, originated in Wuhan, China, in December 2019 and has since claimed several lives and spread to a number of countries around the world. According to the World Health Organization (WHO), the health agency of the United Nations (U.N.), “Coronaviruses (CoV) are a large family of viruses that cause illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS-CoV) and Severe Acute Respiratory Syndrome (SARS-CoV).” The nCoV is a new strain that has not been previously identified in humans. As nations struggle to contain the spread of the virus, the WHO declared the outbreak a global health emergency, and has issued an advisory recommending standard precautionary measures that people can take to reduce the transmission of a range of illnesses. Click through to take a look.
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