Virtual worlds can be pretty dull when nothing you see there is recognisable as anything remotely real-world, which is perhaps why Twinity has such confident investors. The virtual world which re-creates the world’s cities for real-looking avatars to wander around, has closed another round of financing from existing investors to the tune of 4.5m Euros [...]
(SINGAPORE) Singapore’s entrepreneurship drive may have finally taken root in all things digital. While the local expansion of foreign multinationals such as Electronic Arts and Lucasfilm tend to hog the headlines, a new market study shows thecountry’s nascent interactive digital media (IDM) sector is in fact rife with local talent. According to Deloitte Consulting, local [...]
Ever thought of starting your own business? Wondering how to get started and overcome challenges faced by start-ups? Join us at The Start-Up Story as Young Entrepreneurs and Investors come together to share with you how to get your 1st customer, make your 1st dollar or simple get started on your dreams! More details at [...]
By Tan Weizhen SINGAPORE’S next generation of digital media whizzes are being grown with money from a $500 million fund that has gone into building digital classrooms, as well as promising commercial ventures by start-up companies and MNCs. And now, funding will also go to research projects by companies in digital media, the Media Development [...]
Singapore’s ambition to be a leading media centre received a boost recently, when Koei entertainment, a Japanese game developer, announced plans to expand its operations there. Four years since establishing a studio in the city-state, Koei is hoping to add up to 60 staff over the next two years. “The company has achieved its business [...]
FUTURE OF MEDIA Inspiring Innovation Fueling the Future of Media We are launching the “Future of Media” Initiative to catalyse growth in the interactive digital media (IDM) sector. In 2009, we are including Future Mobile, Future Games, Future TV, Future Worlds and Future Books. The vision of Future of Media is to pull together companies [...]
By Amelia Tan CHILDREN can now write and publish their own e-books, complete with videos and animation, courtesy of a computer program designed in Singapore. KooBits, as it is called, has caught on like wildfire in schools here and overseas. Three years ago, only four schools here used it; that number has now grown to [...]
The Government is pumping in an unprecedented $250 million to help promising Singapore media companies like documentary producers, music companies and video game developers to develop the industry further this year. Yesterday, the Media Development Authority (MDA) announced that it had committed the amount to help ‘sustain the growth of Singapore’s media sector amid the [...]
Singapore, 12 March 2009 – Addressing key members of the industry at its annual Media Business Forum, the Media Development Authority (MDA) today announced that the Government aims to spend $250 million this year to sustain the growth momentum of Singapore’s media sector amidst the economic downturn. This spending, which includes funding from the National [...]
Making money off the web Four IDMPO funded companies were recently featured in Digital Life for their unique and viable business models, and who have been gaining traction (in terms of profit and user outreach) through social networking platforms such as Facebook, Friendster, Second Life and so on. The four companies profiled were iHipo (international [...]