KUALA LUMPUR, Dec 19 — The amendments to the Nationwide Movie Improvement Company Malaysia (Modification) Invoice 2025, handed by the Senate yesterday, don’t contain the regulation of social media content material or prohibit creativity, stated the Nationwide Movie Improvement Company Malaysia (Finas).
Finas introduced that the amendments are primarily based on three major scopes: business improvement, governance enchancment, and performance and enforcement strengthening, with an emphasis on constructing a extra skilled, clear and aggressive business ecosystem.
“These amendments don’t contain the regulation of social media content material. In the intervening time, Finas additionally exempts over-the-top (OTT) and video-on-demand (VOD) platforms from licensing necessities,” stated the assertion.
The Senate yesterday handed the invoice, introduced by Communications Minister Datuk Fahmi Fadzil, to make sure that the nation’s movie and inventive content material business regulatory framework stays related, built-in, and aligned with present technological developments and the digital content material panorama.
In line with Finas, the amendments are additionally not supposed to limit creativity, however quite to guard the welfare of the artistic workforce and guarantee compliance with the regulation in business filmmaking actions.
All through the invoice drafting course of, over 50 engagement periods had been held involving business associations, manufacturing corporations, tv stations, OTT platforms, larger schooling establishments, and related ministries and technical businesses.
“This method displays the Madani Authorities’s dedication to make sure that each modification carried out actually takes into consideration the wants and realities of the business,” the assertion added.
Finas is assured that the amendments to the act shall be a catalyst for the formation of a extra sustainable, built-in, and aggressive nationwide movie ecosystem, consistent with Malaysia’s artistic financial system improvement aspirations. — Bernama
