Neom, the futuristic city being built in the northwest of Saudi Arabia, is set to be a hub for the media and entertainment sector. The Media and Entertainment Sector in Neom will be focused on providing innovative and cutting-edge experiences for visitors and residents. With the integration of advanced technologies, the Media and Entertainment Sector in Neom is set to transform the way we consume and interact with entertainment.
- The Neom Film City is expected to be one of the largest film production studios in the world, covering an area of 150 square kilometers.
- The Neom Entertainment District is expected to cover an area of 45 square kilometers and is set to feature a wide range of attractions, including theme parks, water parks, and sports stadiums.
- The Media and Entertainment Sector in Neom is expected to create thousands of job opportunities in various fields.
- The Media and Entertainment Sector in Neom is set to attract millions of visitors annually, creating significant tourism opportunities for businesses in the region.
NEOM’s Thriving Media and Entertainment Sector: Opportunities and Advancements
NEOM, Kingdom of Saudi Arabia, is quickly becoming a leading destination for media and entertainment production. Recently, NEOM showcased its extensive production facilities to 140 global leaders from across the TV and film industry. The showcase event featured NEOM’s truly global offering of stages, production support facilities, talent and crews, and highly attractive production incentives, which cemented its reputation as a leading production destination and industry hub for the Middle East and North Africa region.
NEOM boasts of four operational sound stages that offer a total of 12,000 sqm of production space in addition to support and backlot facilities. The facilities include resort-style accommodations for 350 cast and crew, rising to 500 by the end of the year. NEOM’s facilities rank as the largest in the region, reinforcing their position as the leading TV and film production hub in the region. NEOM also offers a generous 40%++ production cash rebate incentive, making it highly attractive for media and entertainment production companies to shoot their films and TV shows here.
NEOM’s commitment to the media and entertainment industry is reflected in the development of six more stages offering 10,000 sqm of production capability, including a volumetric stage, which are set to open by the end of 2023. This expansion is part of the Oxagon project, which is aimed at transforming NEOM into a futuristic city, using the latest technology and innovation.
The showcase event hosted by NEOM attracted 140 global leaders from across the TV and film industry. The participants hailed from KSA, North America, Europe (UK, France, Belgium, Germany, The Netherlands, Portugal), UAE, Turkey, India, and Morocco. It is believed to be one of the largest ever single industry gatherings to visit the country. The two-day event featured NEOM’s extensive production facilities and the stunning array of breathtaking locations across its vast and varied landscapes.
The Future of Storytelling and Production Conference: The second day of the showcase event focused on the future and the challenges the industry is facing. The Future of Storytelling and Production was the conference theme, with a diverse background of participants from across the industry including TV and film producers, major global production companies, investors, industry financiers, and service providers. The conference made for lively and dynamic sessions and proved to be truly thought-provoking and stimulating.
Opportunities in NEOM’s Media and Entertainment
NEOM’s Media and Entertainment sector provides several opportunities for production companies, investors, and professionals. With the expansion of the Oxagon project and the development of six more stages, NEOM’s production capabilities are set to increase, opening up more opportunities for media and entertainment production. Additionally, NEOM’s generous production cash rebate incentive makes it an attractive destination for production companies looking to shoot their films and TV shows in the Middle East and North Africa region. With NEOM’s world-class facilities and amazing crews, it’s easy to see why the media and entertainment industry is taking notice of this new city.
Neom Film City:
A state-of-the-art film production studio, the Neom Film City, is expected to be one of the largest in the world. The city is designed to support film production in all aspects, including sound stages, post-production facilities, and special effects studios. It is set to be a major attraction for filmmakers and content creators from around the world.
Neom Entertainment District:
The Neom Entertainment District is set to become one of the most exciting entertainment destinations in the world. The district will feature a wide range of attractions, including theme parks, water parks, concert venues, and sports stadiums. The district will also be home to a range of hotels, restaurants, and retail outlets.
Neom Media Academy:
The Neom Media Academy is being developed to support the growth of the media and entertainment sector in Neom. The academy will offer courses in filmmaking, animation, game design, and other related fields. The aim is to develop a skilled workforce to support the growth of the sector in the region.
The Media and Entertainment Sector in Neom is set to revolutionize the way we consume and interact with entertainment. With the development of advanced technologies and the integration of cutting-edge experiences, Neom is set to become a global hub for the media and entertainment sector. The opportunities presented by the sector are numerous, from job opportunities to investment opportunities and tourism-related businesses. The future of entertainment is being shaped in Neom, and the possibilities are endless.