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Offering another perspective is Jean Yeo, creative director of Ochre Pictures: "We are excited as we believe—and hope—that there will be a return to good old the narrative genres after the flood of reality programs both acquired and locally produced and the lack of quality local content."Yet another surefire issue that gets industry players all riled up is budget and time, or rather the lack thereof. "Cheap, good, fast," says Reel Loco's Yeo, are the company's usual challenge with clients. "We hope a mutual understanding canbe developed between clients and vendors that good work needs time."Reflecting this sentiment in the post production market is ten:one's Tinworth, whose company spent 2005 ramping up its HD capabilities. "The toughest hurdle for 2006 is the constant battle against the budget. As the cost of documentary production increases with the transition to HD, the budgets to make these productions are being squeezed further and further."Budgets aside, the intensifying competition between regional creative and media magnets, all jockeying for the top of the totem pole also weighs heavily on the minds of local players.Ar t iculat ing the key challenges, Bernard Tay, head of production and executive producer at VHQ Post Singapore offers, "Post facilities in other regional locations have been able to depend on their respective buoyant markets for local advertising and broadcasting clients. This in fact provides for a substantial ‘pie' in their own domains and hence the regional work becomes the ‘icing on the cake.'"Relative to these regions, Singapore's market is small. A small market coupled with downward pressure on pricing means, in reality, the local ‘pie' is only an ever diminishing one. Key to the continued success of Singapore post houses lies in the ability to attract foreign work. We will always need to differentiate ourselves from the others by consistently providing high value-add to produce outstanding results.""We need to create our own content and put more into R&D, developing new cut t ing-edge techniques and technologies rather than just importing them from overseas," quips Eternal Mind's Sim. "For example Eternal Minds is currently in its early stages of putting together a digital stunt double/actor replacement workflow, and while we import quite a bit of knowledge from overseas, we develop our own too."Throwing his hat into the fray, Infinite Framework's Yeo asserts, "One of the first things that can help Singapore elevate itself into pole position is to keep the high profile TVC work here. Too much work flows out of Singapore and sometimes it's not because of a lack of skill set and ability. Some of the top regional works with very high profile are conceived in Singapore but none of it produced here."We must first be able to earn the trust of our own people before we can start thinking about being a regional leader," Yeo proclaims.

Competition is keen with players from the region all fighting more aggressively than ever for a bigger slice of the pie. Where does Singapore stand in all of this?Amidst the competition, Singapore will leverage on its strengths to develop the local media industry. These include a multi-cultural and multi-lingual social framework, an IP regime that is one of the best in Asia, a reputation as an Asian financing and business hub, and excellent infrastructure. Singapore will build on these key value propositions to attract international players for business, investment and partnerships.What would MDA like to see more of from industry players?Developing Singapore into a Global Media City requires the collective effort of all the industry players and the government. Over the last three years, efforts were spent on setting up the infrastructure and creating a conducive environment for the media business to thrive. MDA encourages industry players to take full advantage of these favorable conditions and adopt an international outlook in growing their companies.Today, more of our local media companies are participating in international trade events like MIPTV and Cannes Film Market. This is a good sign that Singapore media companies have set their sights on the world market. We look forward to seeing more local companies adopt such an international outlook. At the same time, our media companies are taking on a very much more visible presence in our BroadcastAsia and Asia Media Festival events in June and December respectively. These continue to attract many exhibitors from around the world and these events in themselves are amongst the busiest in Asia.Looking ahead for the next 12 months, what do you think are the key challenges and issues in the development of the post production and TV program production media sectors?To compete on the global stage, the Singapore media industry faces what we term as the 3M challenges: Money, Markets and Manpower. In response, the MDA will focus on attracting more private investments into the media industry, creating overseas demand for Made-by-Singapore content and nurturing more media talents and professionals.What initiatives can players in these two media sectors expect from MDA in the next 12 months? Can you provide a sneak peek?MDA will continue to encourage the local media industry to develop high quality content for the world market. We will help our media enterprises grow with key resources such as talents, private-sector financing, intellectual asset management, marketing and branding, and distribution. In the next few months, the MDA and industry will also ramp up its global marketing efforts of Singapore media content and services in the international arena.
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