In a short span since its launch, Dubai Media City (DMC) has made significant strides towards becoming a regional satellite broadcasting hub, according to CEO Saeed Al-Muntafiq. DMC has attracted major broadcasters such as MBC, Middle East Business News for CNBC, Reuters, and CNN, which has established a regional news bureau and launched CNNArabic.com from DMC. This success, achieved within nine months, underscores DMC's growing influence in the broadcasting sector.
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| Saeed Al-Muntafiq |
DMC's focus is not only on transmission but also on content creation, particularly in the digital domain. The city's state-of-the-art technology infrastructure, bolstered by its proximity to Dubai Internet City, supports this vision. DMC is set to commence the construction of 150,000 square feet of production studios, primarily for digital content, in December. Sony, a key equipment supplier for the industry, and Zen TV, a channel transmitting digitally, are among the notable entities that have established a presence at DMC.
Publishing is another area of convergence at DMC, with major pan-Arab publishers such as Saudi Research and Publishing Co. and ITP relocating to the city. These companies are leveraging DMC's advanced infrastructure for uplinking, downlinking, and printing operations.
DMC's ultimate vision is to become one of the global broadcasting bases in the coming years. The completion of its teleport station by March next year will enable broadcasters to efficiently uplink and downlink their content.
Addressing the regulatory framework, Al-Muntafiq emphasized a balance between press freedoms and cultural values. DMC has developed a code of ethics, derived from global best practices, which broadcasters must adhere to. Freedom of expression is guaranteed, with broadcasters expected to exercise self-censorship. A tribunal, managed by an independent body, will address any violations of privacy or ethical codes.
DMC also offers significant technical, financial, and logistical advantages to broadcasters. The city provides extensive infrastructure, such as production studios and a teleport station, reducing the need for individual investments. Additionally, the cost of living in Dubai is relatively lower compared to cities like London and Hong Kong, offering further savings for broadcasters and their employees.
One of DMC's most successful initiatives is the creation of a base for freelance journalists. This project, which offers trade licenses, visas, and business services at an affordable rate, has seen immense popularity and rapid growth. Freelancers from various fields have formed a vibrant community, fostering collaboration and innovation.
Dubai Ideas Oasis, another venture, serves as the venture capital and incubation arm of the government, supporting internet startups and e-commerce businesses in the region. This initiative aligns with Dubai's broader vision of becoming a knowledge economy.
In collaboration with the American University in Dubai and other local universities, DMC is developing educational platforms to upgrade skills in the media sector. The forthcoming Knowledge Village will house academies focused on media and IT, with companies like Reuters, CNN, and Sony offering specialized training.
Despite the global economic crisis, Al-Muntafiq remains optimistic about DMC's future. The city's resilience and proactive approach to business development ensure that it continues to thrive and attract inward investment, reinforcing its position as a global media hub.
Published on Dubaitowa.