This Global Bulletin reports three media industry developments across the Asia-Pacific and U.K. markets, covering film funding, public-service broadcasting investment and a new international music venture.

– The Motion Picture Association and the Asia Pacific Screen Awards have reopened their 2026 film fund, offering five script-development grants worth $10,000 each to filmmakers in the Asia-Pacific region. The programme is in its 17th cycle, is open to APSA Academy members and collaborators, and the winners will be announced on 30 October at the APSA awards on Australia’s Gold Coast.
– The BBC said its 2025/26 commissioning report shows major spending on original content, with £1.5 billion invested in television and £400 million in radio. It worked with 310 independent TV producers and 269 radio producers, directed 59% of network TV commissioning spend to the nations and English regions, and allocated £196 million of existing budget to content meeting diversity criteria, far above its £80 million annual target.
– CJ ENM’s Mnet and Universal Music Group’s Republic Collective have partnered to create a new global girl group through the audition series “Girls Planet 2027”, due to premiere in 2027. Republic will support the project from production to U.S. promotion and international rollout, while the report notes that Alpha Drive One, launched through an earlier Mnet project, has sold about 1.44 million copies of its debut album since January.