| Indiantelevision.com's Breaking News |
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| Singapore media to get $37.8 Mn |
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| Indiantelevision.com
Team |
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| (17 May 2004 7:30 pm) |
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| MUMBAI: The Singapore government has earmarked a further
US$37.8 million for a media development fund over the next five years.
The money will be used mainly to boost content, capability, and market
and digital media development. |
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| Earlier, the Media Development Authority (MDA) had granted
US$58.1 million for the Media 21 plan to develop the local media industry. |
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| The Media 21 plan which was unveiled last July has
only US$4.8 million invested in the project. So far, the MDA has financed
25 projects in TV, film and digital media. |
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