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Manoj Punjabi: Raising the bar for Indonesia's film industry

Tertiani ZB Simanjuntak

The Jakarta Post

Jakarta  /  Fri, January 3, 2020  /  01:24 pm
Manoj Punjabi: Raising the bar for Indonesia's film industry

Movie mogul: Indonesian movie producer Manoj Punjabi poses during a photo shoot at The Jakarta Post's office in Jakarta. (JP/Wienda Parwitasari)

As the first and so far only Indonesian film company that has been publicly listed in the Indonesia Stock Exchange (IDX), powerhouse MD Pictures has made itself an important player in the industry. And if things go as planned, it could set the rules of the game. “Transparency is the main reason we went public,” said CEO Manoj Punjabi. “As a public company, we are now out in the open. The public can assess our assets, values, income, archives, facilities and prospects. While it raises the standard of the company, it would ease investors, specifically foreign investors  because we’re now on the same playing field as them.” The Jakarta-based company has set its sights on over-the-top (OTT) media services and digital platforms to distribute its movies on top of traditional movie theaters, television channels and DVD releases. “We’r...