KUALA LUMPUR, 28 APRIL 2017 – Kuala Lumpur Trade and Copyright Centre (KLTCC), a platform to enrich the ASEAN licensing and publishing industry
through intellectual properties (IP) trade and digital convergence, is set to generate US$20 million in potential IP sales during the 3-day event, starting today until 30th April 2017 at the Seri Pacific Hotel, Kuala Lumpur.
The potential figure is set to be the result of 600 business matching sessions, which will be participated by companies from all over Southeast Asia and ten high profile international media buyers from United Kingdom,
Australia, Japan, South Korea, and others. KLTCC also attracts participation from content creators, technopreneurs, illustrators, animators, hence the projected figure will also include new business opportunities in digital convergence, such as Maslina Yusoff’s children book, Mila which will be adapted into animation series for international market following the MoU signing today with one of South Korea’s leading
studio, H Culture.
Additionally, in line with Kota Buku’s mission to serve as a platform which promotes the copyright trade, KLTCC 2017 also focuses on licensing and
merchandising – in rights trading, procurement of titles for translations, the licensing of works for book adaptations into either digital or conventional media make up the core business of the copyright trade.
This opens huge market potential for local and Southeast Asian industry players to thrive and engage with experts in the trade of conventional and digital copyrights, licences and contents on a global scale.
Sayed Munawar Sayed Mohd Mustar, Chief Executive Officer of Kota Buku commented: “The potential sales figure reflects our continuous focus on developing Malaysia as a hub for copyright trade in the region. Over the last 10 years, KLTCC has proved itself to be a vital initiative towards the copyright trade. Last year, we recorded approximately US$15 million in potential IP sales. The positive result not only reaffirmed the importance of KLTCC as a critical platform for industry players to showcase their capabilities in producing high quality IP for the domestic, regional and international markets, but also highlights Malaysia as a reliable trading nation.”
Moreover, the second edition of ‘Page to Pitch (P2P) Media 360’ pitching competition during KLTCC 2017 will open up opportunities and provide a unique platform for budding writers to publish their ideas, and develop established writers’ ideas into diverse digital media content – such as animations, mobile apps and games, eBooks and many more. The winners will receive cash prize, in addition to getting a chance to be funded by private venture capitals to develop their ideas further.
KLTCC 2017 will also be introducing the ‘Future Library Convention Asia
2017’ for the first time as initiative to highlight creative and new propositions for the library institutions of Asian countries. The convention brings important session attended by various notable speakers from across the globe to share their experiences working with future libraries and its concepts, among others.
Since 2008, KLTCC started as an incubator which later expanded and succeed in gaining participation from partners all over Southeast Asia and international players, where both buyers and sellers obtain great success in the copyright trade.