HYDE Park Entertainment chief executive Ashok Amritraj plans to spend his $75 million Asian fund on a 'mixture of major Hollywood films and cross-cultural titles aimed at a global audience'.

Media projects like animated features or video games may also be considered.

He said he would fund any project as long as there was 'a good reason to buy a ticket'.

That is good news for Singapore film-makers and script-writers with good ideas.

If all goes well - that means financially as well as in other ways, such as helping the Singapore and Asian film industry grow - Mr Amritraj will consider putting more money into the initiative.