SINGAPORE (Sept 7): mm2 Entertainment is planning to co-invest and co-produce five films plus other online films over the next 3 years.

Under an MoU to be signed by mm2 with New Culture Media Hong Kong, a wholly-owned subsidiary of Shanghai New Culture Media Group Co., and 9i Film & Television Media Co., the three partners will invest a total of US$25 million ($33.8 million) to achieve that goal.

The MoU will be signed during the 2017 ContentAsia Summit.

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