MOVE 2022 proves attractive to international buyers, creating revenue of over 16.8 million dollars.

Bangkok, Thailand, 18th Aug 2022, Mr. Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce, announced the results of the MOVE (Multimedia Online Virtual Exhibition) 2022

50 international companies from 19 countries engaged in business matching activities with Thai companies representing the digital content industry – television production, film production, animation, and postproductionThis resulted in estimated revenues of over 16.8 million dollars

This is the third year that the Department of International Trade Promotion, Ministry of Commerce, has organized the MOVE event, which is part of the governments ongoing commitment to support Thailands digital content industry.

A person in a suit standing at a podium

Description automatically generated with low confidence

From 1st to 3rd August 2022, 206 online meetings were held, between 30 Thai companies and 50 international companies

These resulted in pending deals valued at over 185,000 USD, with estimates of a further 2.4m USD revenue to be generated within the next 19 months, and 11m USD within five years

Most revenue was generated through licensing of television and film rightsJapan, China, the United States and South Korea were the countries most represented at the MOVE event

Another component of MOVE 2022, was the Thai Pitching event, where Thai production startups were invited to present their projects to the international marketRepresentatives of 15 companies from eight countries attended the digital session, including prominent television and film producers and film festival representativesProjected revenue from this event totalled over 3 million USD

Mr. Jurin Laksanawisit expressed confidence in ThailandSoft Power’ and emphasized the governments ongoing support for the digital content industry as a prime element of the Creative EconomyThe governments mission is to establish Thailand as a regional hub of the industry.

Media Contact

Organization: Department of International Trade Promotion

Contact Person: Media Relations

Email: Send Email

City: Bangkok

Country: Thailand

Website: https://www.ditp.go.th

The post MOVE 2022 proves attractive to international buyers, creating revenue of over 16.8 million dollars. appeared first on King Newswire.

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

Related articles

Share article

Latest articles