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Asia sees rapid rise in movie industry investment

3 March 2014 Last updated at 05:11 GMT

While attention may be focused on Hollywood for the annual Oscars ceremony, investors in the movie industry are increasingly looking to Asia.

The region's movie market accounts for around 40% of global box office revenues - and it's growing rapidly.

In Singapore, the island's attractive tax incentives are seeing investors put their money into the film industry and build new sound stages.

The BBC's Sharanjit Leyl reports.