FILM - PT. MD Pictures Tbk

Rp 176

+5 (+2,92%)

JAKARTA - PT MD Pictures Tbk (FILM) allocates Rp 20 billion to purchase more of cinema assets or shooting facilities- camera and its equipment- for PT Barakuda Film Galeri. 

Manoj Punjabi, Chief Executive Officer PT MD Pictures Tbk (FILM) stated that the company would expand to purchase more equipment related after the Rp 20 billion investment. “It is all complete equipment, our shooting facilities; because equipment rental is needed, as usually MD has 12 titles on the run, and other joint ventures can have up to 20 titles,” he said.

According to him, by purchasing more camera and its equipment, it will generate good profit for the company. Some studio companies will lease the cinema equipment from the other company, when producing films, such as advertising. (LK/W)