Spacetoon Media Hub

Finas, Spacetoon in tie-up to develope Documentries
Source From Business Time By Azlan Abu Bakar. Published: 2009/06/05

Finas will partner a Dubai-based broadcasting provider to make documentaries that will help promote Malaysia as a tourist destination FINAS, a government body tasked to develop the film industry, plans to partner a Russian company to develop documentaries that will help promote Malaysia as a tourist destination. Yesterday, Perbadanan Kemajuan Filem Nasional Malaysia (FINAS) signed a memorandum of understanding with Spacetoon International, a Dubai-based youth and children's content networks and broadcasting provider. Both will equally share the total investment of US$250,000 (RM875,000) for the documentaries. Five Malaysian production houses have been identified while Spacetoon will use its international network of distributors to market the content.

"The collaboration with Spacetoon will provide a significant breakthrough for us into the Middle East and North Africa market, with penetration in 22 countries and an audience of 280 million people," said Information, Communications and Culture Deputy Minister Senator Heng Seai Kie. Also present were Finas Director-General, Mohd Mahyidin Mustakim, Spacetoon International President, Mohammad Fayez Al-Sabbagh Al-Hajj and Flare Studio Sdn. Bhd. Chief Executive Officer, Niza Mohamad. Spacetoon is owned by its president and his family as well as other investors from Japan. The project would also be a good learning experience for Malaysian producers. At the same event, Malaysian animation studio, Flare Studios, signed a joint production deal with Spacetoon Russia LLC to produce the country's first international science fiction action movie called Mantera for worldwide release in 2010. Finas will also support this project.

Finas Kerjasama Dengan Spacetoon Hasilkan Dokumentari
Source from BERNAMA. Published: 4/6/2009

KUALA LUMPUR, 4 Jun (Bernama) -- Perbadanan Kemajuan Filem Nasional Malaysia (Finas) telah bekerjasama dengan konglomerat rangkaian dan kandungan televisyen berpangkalan di Timur Tengah, Spacetoon International untuk menghasilkan lima dokumentari 24 minit.
Ketua Pengarah Finas, Mohd Mahyidin Mustakim berkata jumlah pelaburan untuk kelima-lima projek itu ialah AS$250,000, dengan kedua-dua pihak masing-masing melabur AS$25,000 dalam setiap dokumentari.
"Kerjasama dengan Spacetoon adalah usaha seterusnya dalam menempatkan kandungan Malaysia di pasaran global," kata Mohd Mahyidin pada majlis menandatangani memorandum persefahaman antara kedua-dua pihak di sini, Khamis.
"Spacetoon akan memanfaatkan rangkaian pengedaran antarabangsanya untuk memasarkan kandungan di seluruh dunia," kata beliau.
Pada masa ini, perniagaan Spacetoon meliputi Timur Tengah, Afrika Utara, Indonesia, Korea Selatan, Hong Kong, Kanada dan India.
Pada majlis itu, studio animasi Malaysia Flare Studios Sdn Bhd memeterai niaga janji produksi bersama dengan Spacetoon Russia LLC, dengan sokongan Finas, bagi menghasilkan aksi superhero bertajuk "Mantera" untuk tayangan seluruh dunia.

SpaceToon to invest in Malaysian animation industry
Source from BERNAMA Published: 4/6/2009

Malaysia is the choice naturally, given its strong pool of human capital and talent in creative and digital technologies, says SpaceToon Media Hub.
DUBAI-BASED children television station SpaceToon International is collaborating with the Perak state government to develop an animation school, production house and film-making studio cluster in Perak.
As a foreign direct investor, SpaceToon has allocated RM80 million for the first phase of development.
"Malaysia is our choice naturally, given the country's strong pool of human capital and talent in creative and digital technologies," said SpaceToon Media Group International President and Chief Executive Fayez Al-Sabbagh, citing comic works by local cartoonist Lat.
The Perak state government is a 30 per cent shareholder in this joint venture.
Falcon's Treehouse, a company based in Florida, is in-charge of the concept masterplan of the development. The creative content hub will be located on a 20.3ha site in Meru Raya, and the infrastructure is expected to be ready by the end of 2010.
Yesterday, SpaceToon appointed TH Properties Sdn Bhd, a wholly-owned unit of Lembaga Tabung Haji, to manage the project development. TH Properties Chief Executive Zaharuddin Saidon represented his company at the signing ceremony held in Kuala Lumpur.
"We hope to recruit a few hundred students when we open the school in 2011," Al-Sabbagh said.

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