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| Formation | 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 |
|---|---|
| Founder | Abu Dhabi Development Holding Company |
| Headquarters | Abu Dhabi, United Arab Emirates |
| Location |
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Parent organization | Abu Dhabi Development Holding Company |
| Website | twofour54 |
twofour54 is a UAE state-owned media and entertainment production company located in Abu Dhabi, United Arab Emirates.[1] Many major Hollywood productions have done production work in twofour54's facilities.[2]
twofour54 is located in and named after the geographical coordinates of Abu Dhabi (24° N, 54° E), capital of the United Arab Emirates.[3] The media free zone's main campus is located on the mainland (Yas Island).[2] It also operates a 70,000 square meter backlot in Kizad[4] and production studios in Mussafah,[5] with plans to expand to build their Yas Creative Hub on Yas Island by the fourth quarter of 2021.[6]
The media free zone twofour54 was founded in 2008.[7] It falls under Abu Dhabi Development Holding Company's remit,[8][9] as a government-backed media and creative industries hub.[10] Former Universal executive Wayne Borg joined the company as chief commercial officer, a role in which he served until 2013.[11]
In 2012, twofour54 took over the operation of the Abu Dhabi Film Festival,[10] until its demise in 2015.[12]
In 2020, Michael Garin was appointed CEO of twofour54.[13]
The zone is home to a large number of international and local media companies,[14] and offers infrastructure and support, such as end-to-end production services,[15] government and travel services,[15] 100% business ownership,[16] and set-up and licensing.[17]
twofour54 houses media companies in the audio, visual, and print industries,[18][19][20] as well as news outlets and digital app creators.[21][22][23] Their facilities also host the first CNN Academy.[2][24]
As of 2020, more than 550 media companies and over 700 freelancers are based at twofour54, which has been involved in over 2,300 international major productions in Abu Dhabi.[14]
Notable films produced at twofour54 include Mission: Impossible – Fallout,[25] 6 Underground[26] and Bharat.[13]
Twofour54 was set up as an initiative of the Abu Dhabi government with a vision to contribute to the diversification of the economy there.
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