TECOM announces steady 2011 growth

TECOM Investments’ Media Cluster, which includes Dubai Media City (DMC), Dubai Studio City (DSC) and International Media Production Zone (IMPZ), today announced it has experienced steady growth in the number of companies registered in 2011 with 284 companies setting up base at the cluster

Key segments that saw new additions at TECOM Media Cluster in 2011 include freelancers, consultancy, event management, media and marketing services, new media as well as television, film and radio production.
Digital audio firm Dolby Laboratories, Sony Pictures (CPT Holdings, Columbia), Fremantle Media, Scholastic, Christie + Co and Groupon are among the top global brands that established their operations at the TECOM media free zones.
In 2011, TECOM Media Cluster also saw its business partners including ITP Publishing Group, MBC (Middle East Broadcasting Center), Leo Burnett, outdoor advertising specialist JCDecaux and digital printers Costra Group expanding their commercial and business operations.

Mohammad Abdullah, Managing Director, TECOM Investments’ Media Cluster, said: “The year 2011 has proved positive for us. On the back of an industry uptrend, a good line-up of businesses set up base at the Media Cluster. Additional investments in potential growth areas and operational expansions were also witnessed. The favourable year-on-year trend for the cluster reflects the development in the region that continues to attract a large community of media professionals.”
 

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