THE Infocomm Media Development Authority (IMDA) on Tuesday unveiled several initiatives in a bid to protect jobs and help the local media sector tide over the coronavirus pandemic. Read more at The Business Times.
In addition, IMDA will match and contribute S$20,000 to the Singapore Association for Motion Picture Professionals' Covid-19 Relief Fund. The relief fund will offer grants of between S$300 and S$500 to film and TV media practitioners affected by the cancellation and postponement of projects.
As for media companies, the agency will waive the film exhibition and distribution licence fees from April 17. To help local media companies strengthen their capabilities, IMDA has worked with international content partners to bring forward the implementation of the Capabilities Partnership Programme. The programme pairs media multinational corporations with local media companies to develop"Made in Singapore" content, and is expected to benefit 80 to 100 local media companies over the next 12 months.
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