The success of Mat Kilau proves that government policy works and helps local film producers

The success of films and productions that receive incentive funds from the government proves that the policies and programs implemented by the Ministry of Communications and Multimedia (K-KOMM) are perfect and can help local film producers.

The Managing Director of the National Film Development Corporation Malaysia (Finas), Professor Dr Md Nasir Ibrahim, said that the film, Mat Kilau: Kebangkitan Pahlawan, produced by Studio Kembara Sdn Bhd, which had collected RM43.9 million in ticket sales in 12 days, was one of the recipients of government support and encouragement.

The film, directed by the 28th Malaysia Film Festival’s Best Director, Syamsul Yusof, received a production grant of RM1.5 million and a marketing fund of RM300,000 from the Digital Content Fund (DKD).

The editing process was done using a studio developed by Finas, namely Studio Mixstage, Studio Merdeka Complex, according to Md Nasir.

“The highly encouraging performance of this film with a record collection gives a ray of hope to the domestic film industry. The overwhelming response from audiences not only in Malaysia but also in Singapore and Brunei proves the strength of local film brands, pushing audiences to cinemas after the difficult impact of the Covid-19 pandemic.

“It also proves the strength of local stories inspired by history and heritage, which are well received by audiences and have great potential for adaptation on the big screen. For Finas, making this film is very rewarding and that Finas encourages people to be more active in helping the local film industry,” he said in a statement.

Md Nasir hopes the astonishing response to the Matt Kilau film will continue to generate support for local films after that, in addition to encouraging producers to come up with quality works that can penetrate local and international markets.

He also reminded industry players who have received stipends through Finas of their responsibilities to continue to comply with contractual agreements and to give appropriate credit to the government, K-KOMM and Finas, as stipulated in the terms of the agreements.

Md Nasir said that Finas had also pledged to ease the burden on producers through the Feature Film Screening Incentive (ITFC) since July 1, 2011 after it replaced the Entertainment Rights Collection Incentive.

“This incentive is courtesy of the government to help local film producers who must pay a 25% entertainment tax to state governments, which has not been paid back to Finas since 2000.

“Finas pursues this incentive as it is aware of the importance of industries that contribute a lot to the national economy. Based on the objectives of the ITFC policy, films like Matt Kilau have the opportunity to receive a return of RM500,000 as the ticket collection has exceeded RM6 million,” he said.

He added that Finas would hold a meeting with theater operators and film producers on Thursday, July 7 to review the distribution of profits from movie ticket sales between the two parties in order to make clearer decisions and guidelines. fairer. – Bernama

Gladys T. Hensley