Ready for its close-up, Abu Dhabi bids to become filmmaking capital
September 9th, 2008 Posted in General, Industrial investmentWith $1 billion in hand, the government-sponsored Abu Dhabi Media Company announced plans to produce eight feature films over the next five years. Abu Dhabi’s move into filmmaking is seen as an attempt to unseat sister city, Dubai, as a media hub and to establish itself as a “center for content creation.” See article in Financial Times on Abu Dhabi takes fortunes to Hollywood.