Asia-Pacific Broadcasting (APB) July 2017 Volume 34, Issue 5 | Page 15

NEWS & VIEWS July 2017 mm2 Asia sets sight on growing across Asia Having spent more than three decades at Singapore terrestrial broadcaster Mediacorp, Chang Long Jong has joined Singapore- headquartered entertainment company mm2 Asia as its new group CEO. In his new capacity, Chang will oversee and manage mm2 Asia’s business operations, particularly in the production division, while sourcing new business opportuni- ties. mm2 is the holding company of mm2 Entertainment Singapore and mm2 Entertainment Malaysia. “While the media industry is evolving and facing huge chal- lenges, there exist great opportuni- ties within. As both mm2 Asia and I share the same vision, it is indeed exciting to think of what mm2 Asia can be,” Chang tells APB. During Chang’s tenure as the deputy CEO and CCO of Media­ corp, he oversaw its major media assets including TV, radio, news­ papers, magazines and over-the- top (OTT) service Toggle. He says: “I spent a lot of time analysing and learning about media consumption trends, audience preferences, the impact of digital disruptions and transformations, as well as new monetisation models. These were crucial for us to steer our business directions to stay relevant and viable. “As we continue to develop mm2 Asia’s future growth strate- gies, these same insights are very useful because the media land- scape continues to move very rap- idly. We will have to keep up with the changes and be very nimble In every challenge, there lies an opportunity. Applying this saying to today’s media industry calls for media operators to continously seek new streams of revenue in an evolving media landscape. APB prompts Chang Long Jong, mm2 Asia’s new CEO, for his strategic plans and directive in bringing mm2 Asia to a wider Asian audience. ❝ Media and content companies all pursue one big goal, which is to attract, engage and grow their target audiences. To do this well, we need to know our audiences, be good at content creation, and be able to gain access to efficient delivery networks or platforms. ❞ — Chang Long Jong, CEO, mm2 Asia and responsive in our approach.” mm2 Asia started as a content producer primarily in movie mak- ing, providing services that cover the entire filmmaking process, including securing financing, pro- ducing and distributing, as well as securing advertising and sponsor- ship. In addition to Singapore, the company also has a presence in Malaysia, Hong Kong, Taiwan and China through its group of companies and strategic working partnerships. To date, mm2 Asia has co-produced and distributed more than 100 films across Asia, such as House of the Disappeared, Lucky Boy and Battle of Memories. Through these regional partner- ships, Chang explains, mm2 Asia is Lensing ceremony of One Headlight, mm2 Asia’s Taiwan film production, that is scheduled for release in 2018. To date, mm2 Asia has co-produced and distributed more than 100 films across Asia. able to tap into the region’s talents, as well as the distribution networks of the partners. “There are tremen- dous growth opportunities for us, both organically and inorganically, through the upstream and down- stream expansion of our content value chain — as well as geograph- ically, especially in the North China market. With a focus on the bigger markets outside Singapore, we are able to provide more opportunities for our filmmakers in Singapore to work with industry peers in the region,” he adds. The company has also es- tablished i