Indonesia’s movie mogul joins billionaire club of film producers

23 Nov 2023
Bloomberg

Spire Chief Operating Officer, Jeffrey Bahar, was quoted in a Bloomberg article published on November 23 about Indonesia’s billionaire movie mogul shaping the next Hollywood in Southeast Asia. 

Written by reporters Yoojung Lee and Fathiya Dahrul, the article looks at the meteoric rise of Indonesian movie producer, PT MD Pictures. The Jakarta-listed company’s rising stock prices catapulted its co-founder and chief executive officer, Manoj Punjabi, into the billionaire club of film producers the likes of Steven Spielberg, George Lucas, and Jerry Bruckheimer. The article also says that Punjabi plans to build a Hollywood-style empire in Indonesia with this windfall. 

Spire COO, Jeffrey Bahar, commented that it is a remarkable success for Punjabi, who is a household name in Indonesia’s entertainment industry, to be going international.

The article traced the history of the company and its successful movie releases.  

To read the article on Bloomberg, click here.

For media enquiries, please contact:

Marie Teo
Manager, Group Corporate Communications
Spire Research and Consulting
Phone: (65) 6838 5355
E-mail: marie.teo@spireresearch.com