- Over 7,500 individuals from 50 nations and areas, declaring FILMART’s position as the premier platform for movie and television.
- Substantial development in exhibitors and purchasers from ASEAN nations, up 50% and 6% respectively year-on-year.
- Numerous MoUs signed, consisting of with Guangzhou, Thailand and Shanghai.
- Over 1,000 movie and home entertainment works submitted on FILMART’s online platform, additional strengthening Hong Kong’s position as a local IP trading center.
- FILMART’s virtual platform available up until 13 April, providing continuous cooperation chances.
HONG KONG, Mar 14, 2024 – (ACN Newswire) – The Hong Kong International Film and Television Market (FILMART) and EntertainmentPulse, arranged by the Hong Kong Trade Development Council (HKTDC), concluded effectively today.
Asia’s leading cross-media, cross-industry trading platform brought in over 7,500 individuals from 50 nations and areas and over 760 exhibitors from 27 nations and areas. Especially, there was a substantial year-on-year boost in ASEAN exhibitors and purchasers, 50% and 6%, respectively.
FILMART showcased a vast array of the current movie, television and animation works along with advanced innovations in movie production, consisting of the launching of a virtual production studio in a partnership with Hong Kong innovative tech company Votion Studios. A variety of MoUs were signed to reinforce bilateral cooperation in movie and home entertainment.
Promoting ASEAN and trade cooperation
Over the last few years, the movie and show business in ASEAN nations, especially Thailand, has actually experienced robust development. In addition to the Thai Pavilion established by the Thai Ministry of Culture, FILMART likewise held a Thai Day on opening day to utilize Hong Kong’s platform for market advancement and motivate partnership in between Hong Kong and Thailand.
Hong Kong SAR Chief Executive John Lee led a delegation to go to 3 ASEAN nations, consisting of Indonesia, in 2015, motivating ASEAN organizations to utilize Hong Kong’s platform to additional grow their show business. Following the go to, the Ministry of Tourism and Creative Economy of Indonesia staged a nation structure for the very first time at FILMART to display their movie and television productions. Rina Dayamanti, Festival Director of Jakarta Film Week and among the structure agents, revealed that Indonesian exhibitors were eager to satisfy a great deal of Mainland Chinese purchasers at the fairground and to check out the possibility of producing Indonesian variations of mainland IP jobs.
The HKTDC likewise signed MoUs with numerous organisations, consisting of the Department of International Trade Promotion of the Thai Ministry of Commerce and the Guangzhou Municipal Bureau of Culture, Radio, Television and Tourism, to enhance bilateral financial and cultural cooperation. In addition, a MoU was signed with the Shanghai Broadcasting Film & & Television Producers Association to diversify bilateral cooperation in home entertainment beyond co-productions.
Movie business leveraged FILMART’s platform to reveal their most current productions and upcoming strategies. Especially, Alibaba Digital Media and Entertainment Group revealed the “Hong Kong Cultural and Art Industry Revitalisation Program”, dedicating to invest no less than HK$ 5 billion over the next 5 years to strengthen partnership with Hong Kong’s cultural and show business.