{
  "id": 17051727,
  "title": "Fahmi: Malaysian films rake in RM129.9m as local animation pushes deeper into overseas markets",
  "url": "https://urgent.news/2026/10/29/fahmi-malaysian-films-rake-in-rm129-9m-as-local-animation-pushes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T10:51:52.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail",
    "url": "https://www.malaymail.com/news/malaysia/2026/10/29/fahmi-malaysian-films-rake-in-rm1299m-as-local-animation-pushes-deeper-into-overseas-markets/241144"
  },
  "original_language": "en",
  "account": "Malaysia's creative industry continues to thrive, as local films and animation generate strong box office earnings while expanding into international markets, according to Communications Minister Fahmi Fadzil. In October 2025, 17 films under the Mandatory Screening Scheme collectively earned RM129.86 million, with Tarung: Unforgiven leading at RM23.59 million. Animation's Papa Zola The Movie earned RM63.84 million in Malaysia alone, with over RM69 million in Southeast Asia, showcasing the regional appeal of Malaysian productions. Mechamato Movie and Upin & Ipin: Keris Siamang Tunggal also demonstrated the capacity for international market penetration. The success of Mat Kilau: Kebangkitan Pahlawan (RM89.06 million) and Sheriff: Narko Integriti (RM59.50 million) further solidified the industry's revenue generation capabilities while maintaining Malaysian values and culture. The ministry emphasized its commitment to developing local content, intellectual property, and market expansion, highlighting Malaysia's appeal as a filming location for 175 foreign productions between 2025 and 2026. The country's creative industry contributed RM130.7 billion, or 6.8% of the GDP, in 2024 and supported 763,100 jobs, with exports totaling RM63 billion. Fahmi added that MyCreative Ventures provides financial support and market access to help creative entrepreneurs expand their businesses, citing the success of footwear brand Zeve, which saw a significant increase in revenue and workforce due to MyCV financing.",
  "summary": "KUALA LUMPUR, Oct 29 — Malaysia’s creative industry continues to gain momentum, with local films and animati...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}