8min chapter

Channels with Peter Kafka cover image

Looking back, and ahead, with Bloomberg’s Lucas Shaw

Channels with Peter Kafka

CHAPTER

The Middle East's Film Investment Landscape

This chapter explores the growing interest of media and sports entities in the Middle East, focusing on Saudi Arabia and its efforts to cultivate a vibrant film industry, exemplified by the Red Sea Film Festival. It discusses the complexities of Hollywood's interactions with regional filmmakers amid ethical concerns and financial motivations, particularly in light of historical investment practices with China. Additionally, the chapter highlights the challenges independent filmmakers face in securing funding as traditional sources decline, underscoring the importance of Middle Eastern investments in revitalizing the industry.

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