Though media has grown in economic importance, few countries have sponsored funds to boost innovation across a broad part of the industry beyond niche areas, such as film-making. One to have significantly invested in the sector is Singapore.
For several years, the Media Development Authority of Singapore has been actively working with local and international players to catalyse the injection of private capital into the media industry. To date, some S$1.5bn ($1.1bn) of media funds have been anchored in Singapore, adding to the attractiveness of Singapore’s media ecosystem. Private sector financing is essential to spur the growth of the media industry.
At the same time, the media sector offers the potential to generate lucrative returns for its investors.…
