KUALA LUMPUR, Nov 26 (Bernama) -- Newly appointed National Film Development Corporation Malaysia (FINAS) Chief Executive Officer, Prof. Dr. Md Nasir Ibrahim, graced the launch of Malaysia’s first-ever online cinema - Film Wallet Premium Video-On-Demand or Film Wallet PVOD, to revolutionize and elevate the consumer’s movie-going experience in a safer and a more comfortable environment.

Apart from being an innovative over-the-top (OTT) media service platform, Film Wallet PVOD is also working together with local and international producers and distributors on film production and exclusive international content. It doesn’t stop there, Film Wallet PVOD has announced that they will be launching their platform to two countries in southeast Asia in February 2022, allowing for local content to reach a much larger audience.

Established by a 100 percent Malaysian company, Film Wallet PVOD offers hundreds of on-demand content from all across the globe, including - United States of America, Hong Kong, China, Korea, Europe, and more. In doing so, users need not commit to a subscription to stream their favorite content in high definition; rather, they would only need to purchase the movie once for as low as RM1.90 and be able to re-watch it multiple times within the given time period. This makes for a more affordable and convenient option for users to catch the latest movie releases, anywhere, anytime.

Jack Yeoh, Founder and CEO of Film Wallet PVOD, said “Film Wallet PVOD is not just a solution for users to access their favorite movies at their convenience without having to pay a monthly subscription, but also an initiative to boost the film industry in Malaysia. We are determined to contribute significantly to the growth of the local film industry by exposing and distributing their content internationally beginning with the launch of Film Wallet PVOD in two southeast Asian Countries next year, and more to come.”

At the press conference, Film Wallet PVOD announced their involvement in the co-production of three local movies titled - Syaitan Nirrajim (directed by Ayez Shaukat), Where You Are (directed by Woo Ming Jin), and Isolasi (directed by Ryon Lee) that is expected to be released next year. Film Wallet also introduced their international content collaboration with Celestial Tiger Entertainment from Hong Kong, allowing users to access exclusive action/thriller movies from around the world under its ‘KIX’ brand. Users can expect more local and international distributors to be revealed in the following months to come, further increasing the number of exclusive content on the OTT platform.

Prof. Dr. Md Nasir Ibrahim, Chief Executive Officer of the National Film Development Corporation Malaysia (FINAS), said, “The launch of Film Wallet PVOD will bring a positive effect to the film industry ecosystem as a new digital entertainment platform. What caught my attention was Film Wallet’s astounding capability to expand and launch their platform on an international level in a short period of time. Their vision to help export local films overseas is in line with FINAS’ program to promote local films internationally.”

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Source: Global Creative Media Agency (GCMA)

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--BERNAMA