16 Oct '17, 1pm

Singapore’s Perks, Business-Friendly Environment Lure Showbiz Giants https://t.co/LQAIT5N8eW

A clear legal framework, political stability and a free market economy are what makes Singapore continue to be a conducive environment for international television networks to house their Asian headquarters. Industry insiders say that while the English-speaking environment in Singapore already serves as an advantage for international networks’ operations, compared to rival cities such as Hong Kong, it is the government’s incentives and legal framework of media convergence that sets the city-state apart from the rest of Asia. Anthony Fung, co-director of Hong Kong Institute of Asia-Pacific Studies and a journalism professor, says Singapore has a clear framework for media convergence, whereas Hong Kong, also a free market economy posing as an international finance hub, faces an uncertain future over media industry development, such as over-the-top platforms. A number of majo...

Full article: http://variety.com/2017/tv/markets-festivals/singapores-p...

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