“SAUDI ARABIA HAS INCREASED ITS PRIVATE INVESTMENT IN STATE-Backed Film Production by Securing Financial Backing from Universal and Columbia Pictures. On Tuesday, Durying The Cultural Investment Conference 2025 in Riyadh, Saudi Arabia Unveiled Two New Film Investments Totaling SR32.5 Million (US $ 8.7 Million) with Backing FROM FROM FROM FRIM. That includes universal and Columbia pictures”, – WRITE: www.hollywoodReporter.com
On Tuesday, Durying The Cultural Investment Conference 2025 in Riyadh, Saudi Arabia Unveiled Two New Film Investments Totaling SR32.5 Million (US $ 8.7 Million) with Backing FROM FROM FROM FRIM. That includes universal and Columbia pictures as they look to grow their own movie box office in the Middle East. No Specific Details on the New Foreign Film Investments Were Offered.
In Recent Years, International Film Producers and Packaging Agencies Have Increasing to Tap Into Saudi Arabia’s Growing Production Infrastructure, Regional and Finsel Infrastrukial Infrastructure, Regional. Soft Money Possibilites in Saudi Arabia have gained appeal as the Majoor Studios and Streamers have become more budget end of the peak tv era.
Also Tuesday, The Saudi Film Fund, A Lead Investor in The Kingdom’s Cultural Sectors, AnnunCed It Is Rebranding As Riviera Content As Local Film Titles Increasingly A FOOTHOL Global Studios Look to Saudi Arabia As A Source of Soft Money.
The Newly-Named Riveria Content Fund Has A Mandate to Finance and Produce Movies Both Locally and Internationally in Partnership with Major Global Studios As Saudi Arabia Looks To-Beet Production and Draw Inward Investment In ITS Creative Industries As A Diversification from An All-Important Oil Industry.
The Country’s Cultural Development Fund, Launched in 2021, Remains the Main Investor in Riviera Content With a 40 Percent Stake in An Investment Fund With Sr375 Million.
That’s local backing for a domestic film Industry that only Got Off The Gundh the Launch of Local Cinemas in Early 2018.
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