Kapanlagi.com - Globalgate Entertainment, a producer and financier of local language film and television content in collaboration with Lionsgate (NYSE: LGF.A, LGF.B), the world's leading content producer, today announced the addition of Falcon Pictures (Indonesia) to its consortium of 14 dominant production and distribution partners worldwide. Other Globalgate partners include Televisa, TF1, Nordisk, Tobis, Rai, Kadokawa, Lotte, TME, Paris Filmes, CineColombia/Dynamo, Belga, and Viva Communications.
Established in 2010 by H.B. Naveen, Falcon Pictures is a leading production and distribution house that has produced three of Indonesia's all-time highest-grossing films: WARKOP DKI REBORN 1, DILAN 1990, and DILAN 1991. In recent years, Falcon has dominated 25% of the local box office with the release of many other successful films, including BUMI MANUSIA, COMIC 8, SI DOEL THE MOVIE, WARKOP REBORN 2, MY STUPID BOSS, and TEMAN TAPI MENIKAH.
In addition to its involvement in the film industry, Falcon is also active in music, publishing, digital media, and education.
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Referring to the market potential, Globalgate sees that Indonesia is the fourth most populous country in the world. Since the lifting of the foreign investment ban in 2016, the number of cinema screens in Indonesia has doubled to over 2000, and is expected to double again in the near future. Indonesia produces more than 130 feature films per year, and the market share of local films has increased to 38%. With the launch of various local and international streaming services in Indonesia, the growth of content production and related revenue will increase exponentially.
"Indonesia has a rapidly growing media industry, and Falcon Pictures, with its unparalleled growth rate, stands strong in the midst of it all. We look forward to expanding Globalgate's presence in Southeast Asia with Falcon while continuing to work closely with our consortium partners worldwide. We are proud and excited about this launch in Indonesia with H.B. Naveen and the entire Falcon team," said William Pfeiffer, Executive President and one of the founders of Globalgate.
"Falcon is excited to be part of this creative network. By connecting with great thinkers and storytellers, Falcon hopes to enhance its content output in Indonesia and spread its stories worldwide. We at Falcon sincerely thank William and Globalgate for this partnership," said H.B. Naveen, Executive Director and founder of Falcon Pictures.
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