NEOM has introduced a production incentive plan with a cash rebate exceeding 40%. The Media Village and Bajdah Desert Studios are now operational, with three sound stages and seven more planned for Q1 2023.
The Kingdom seeks to regulate audiovisual content production, distribution, and exhibition to promote high-quality material that aligns with Islamic values and complies with local laws and cultural norms.
The Audiovisual Media License aligns with global media regulation standards, boosting the global reputation of the Saudi Arabian media industry. The goal is to attract international investors and media companies, fostering job creation and economic contributions.
