Western Studios Created This Massive Film Opportunity

Hollywood systematically eliminated mid-budget films, dropping from 36% of US productions (1996-2001) to just 5% (2016-2021), creating a billion-dollar vacuum that Asian production houses can fill. The impossible catch-22—no stars without financing, no financing without stars—drove Western studios away from the $1-5 million range after the 2020 Paramount Consent Decrees restored vertical integration. Wave Films leverages this structural opportunity by adding 40-60% production value compared to North American shoots, with Malaysia offering 30% rebates and regional cost advantages. The key is creating international content set in Asia rather than local films, combining efficient production methods with strategic locations and strong concepts to reach profitability thresholds that traditional Western models can't achieve.

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Wave Films, Shooting Gallery Asia, and True Colour Media Announce Strategic Partnership to Strengthen Singapore Production Infrastructure

Three leading Singapore production companies have joined forces to create comprehensive production infrastructure addressing tighter budgets while maintaining quality standards. Wave Films, Shooting Gallery Asia, and True Color Media's strategic partnership provides scalable production support for advertising agencies, production houses, international brands, and solo content creators. The collaboration combines Wave Films' production expertise, Shooting Gallery Asia's 22,000 sq ft studio facilities, and True Color Media's advanced equipment capabilities. This unified approach offers additional crew, equipment, and specialized locations without competing for client relationships, strengthening Singapore's position as a regional production hub with international standards.

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