Tuesday, December 28, 2021

Vistas Media Capital strengthens the bridge between Abu Dhabi and Bollywood for film shoots


~ The Indian delegation comprised of Amit Deshmukh, the Minister for Culture - Maharashtra, along with Mr. Kailash Pagare - Managing Director of Dadasaheb Phalke film city - Goregaon and Sanjeev Vijay - Secretary, Government of Maharashtra ~


Mumbai/ December: Vistas Media Capital, by creating its presence in Abu Dhabi Media Authority Zone, has collaborated with Abu Dhabi Film Commission to bridge the gap with intent of bringing the best shooting facilities, postproduction, rebate programs and other benefits of world class cinema creation for the Bollywood and Regional Film Makers. To mark the occasion, Mr. Amit Deshmukh, the Minister for Culture - Maharashtra along with his delegation members Mr. Kailash Pagare - Managing Director, Dadasaheb Phalke film city and Sanjeev Vijay - Secretary, Government of Maharashtra recently visited Abu Dhabi Media Zone.


The delegation was received by Hans Frankien, Abu Dhabi Film Commissioner and Sanjay Raina, Vice President - ADFC where discussions on ways to collaborate and create exchange programs for talent across India and Abu Dhabi took place. Honorable Minister and his delegation also met the Department of Culture and Tourism – Abu Dhabi Chairman, HE Mohamed Khalifa Al Mubarak and discussed prospects for both locations to become hubs where world-class content can be created. The delegation also visited the new World Class facility of Abu Dhabi Media Zone Authority which is being completed and will start operations early in 2022.


Talking about the development, Intikhab Chougle, COO – MENA Region, Vistas Media Capital said: “Abu Dhabi Media Zone Authority is a one stop shop for all kinds of content production with 360-degree support including every aspect of pre & postproduction. ADFC also offers facilities like single-window clearance for all shooting requirements and a robust rebate program is in place for filmmakers across the globe. Vistas Media has taken the lead to ensure the benefits extended by ADFC for filmmakers are made available to producers of independent films and content to those who want to explore international shooting options.”


Abu Dhabi Media zone is a global hub for creativity and content production. The visit for Maharashtra delegation and Hon' Minister concluded with a visit to the sets of films like 'Tiger Zinda Hai' which has still been kept as it is given its novelty and grandeur. They also visited the sets of the upcoming Bollywood film Vikram Vedha.


Vistas Media Capital has registered ‘Vistas Media FZ LLC’, a company at Abu Dhabi Media Authority Zone which is authorised to plan and execute – both pre and post shoots of films in the Abu Dhabi Region. All desired permissions can be received in a single-window setup for all local activities, something that cannot be done by independent filmmakers directly.  They would require a locally registered company that will facilitate and complete the end-to-end process. Abu Dhabi Film Commission through its local partners give a subsidy / rebate of 30% of the amount spent upfront, without waiting for the release of the film or any other barriers.


Vistas Media Capital continues to grow and has its presence in India, US, UK, Canada, Singapore and now it has established itself in one of the most popular Middle Destination Arab Region of UAE.


About Vistas Media Capital:

Vistas Media Capital (VMC) is a Media Content, IP and Technology company, headquartered in Singapore, that operates and invests in ventures across the ecosystem of the global media and entertainment industry. The businesses and venture investments are diversified across Global Content Production and Distribution, Streaming Platforms across video and music, Animation& VFX Studio, Blockchain Technology and NFT (Non-Fungible Token), Gaming, Digital Media Marketing, Events and Award IPs.


VMC owns multiple intellectual properties (IPs) across film festivals and film awards in Asia, such as the Singapore South Asian International Film Festival (Sg.SAIFF) and the Singapore South Asian Film Market (SAFM). It also co-owns the IPs of the prestigious Critics’ Choice Film Awards (CCFA) and Critics’ Choice Short Series Awards (CCSSA), jointly with Group M’s Motion Content Group & Film Critics Guild of India, which is India’s first registered association of film critics.


VMC is one of the first companies from Asia to list a Special Purpose Acquisition Company (SPAC) IPO on Nasdaq that is taking Anghami – the leading music streaming platform of the MENA region and the first Arab tech company to list on Nasdaq through a reverse merger in Q4 2021. SPACs continue to be VMC’s key focus for strategic growth over time and the group seeks to launch more SPACs on top exchanges across the world.


VMC has a team of media and content specialists, including former banking and investment management professionals in their management team along with media industry veterans across the globe, who are on the advisory board and have successfully run media businesses and ventures across films, series and television worldwide.


For more information on VMC, visit: www.vistasmediacapital.com



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