Photographer: Dimas Ardian/Bloomberg
Hollywood Finds a New Golden Age of Cinema in Indonesia
- Relaxed investment laws and growing wealth drive expansion
- With 260 million people, Indonesia is opening 2 screens a day
Hollywood studios and global cinema chains are funding a new golden age in Indonesia’s movie industry as box-office receipts soar and new screens open at a rate of about two a day.
The resurgence of Indonesia’s movie industry, which had slumped since its heyday in the 1980s, is being driven by three factors that have come together in the past few years: the opening to foreign investment in 2015, rising wealth, and a push by major film studios and distributors to make more content for international markets.