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Billionaire Movie Mogul Builds Next Hollywood In Southeast Asia

Summary by Bloomberg
When horror film took Indonesia by storm last year, it didn’t just overtake global blockbuster on its way to become the highest-grossing local movie ever.The tale of a group of terrorized college students in a remote jungle village also minted a fortune for Manoj Punjabi, the co-founder and chief executive officer of movie producer PT MD Pictures. The Jakarta-listed company’s stock has risen 186% since the film was released last year, vaulting P…

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Bloomberg broke the news in United States on Thursday, November 23, 2023.
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