In a deal worth US$ 30 million over 3 years, fledging Malaysian animation studio, Animamundi Studio, officially signed a strategic cooperation framework agreement with China Film Animation Industry. The deal will see both parties work together on the development and production of at least three titles for projects in China and North America.
The signing of this agreement was witnessed by Malaysia Digital Economy Corporation (MDEC) Chief Executive Officer, Dato’ Yasmin Mahmood, who expects the Malaysian animation and visual effects industry to continue its strong growth.
The Animamundi Partnership With China Film Animation Industry
Before the official signing agreement, Animamundi Studio’s founder and CEO, Leong Chun Chong, showed off a video of his young team and shared his vision for the Malaysian animation industry.
MDEC Chief Executive Officer, Dato’ Yasmin Mahmood, shared that the Malaysian creative content industry has been identified as “one of the Entry Point Projects (EPP) under the Malaysian Economic Transformation Programme.” It is expected to contribute just over RM 3 billion to the GNI (Gross National Income), and produce more than 10,000 jobs by 2020.
In this video (in Chinese), the President and CEO of China Film Animation Industry, Huang Jun, shares why they chose to partner with Animamundi, even though they are just a year old. “Throughout our collaboration with Animamundi, we were impressed with their team’s dedication, talent… and their approach towards problem solving. It felt like we were dealing with more than just artists. It has been very rewarding to our China Film Animation projects.”
The CEO of Canwell Entertainment also came to talk about the Chinese animation industry, and how it’s set to grow even bigger. He then shared a teaser of their upcoming animation film.
About Animamundi Studio
Established on 5 June 2016, Animamundi Studio has delivered a number of visual effects for feature films and television series like ‘Three Lives, Three Worlds, Ten Miles of Peach Blossoms‘, and ‘Dream‘. Their highest profile project to date is the upcoming film, ‘Forever Young‘, which stars Zhang Ziyi, Huang Xiaoming, Chang Chen and Wang Leehom.