2014-02-03 09:54:01 - Movie Theatres in Indonesia: ISIC 9212 - a new market research report on companiesandmarkets.com
Indonesian movie theatres market nearly amounts to Rp2.7 trillion at end of 2012, seeing over 17% CAGR over the review period. A new controversial Film Act of 2008 was passed in autumn of 2009, imposing that 60% of air time has to be reserved for local films.
Tax battles of 2011 stopped imports of Hollywood films for most of the year. Industry´s production output increases at nearly 18% CAGR over the review period to reach over Rp2.6 trillion in 2012. The number of employees working in the industry more than doubles over the review period to reach over 104 000 at end of 2012. Over 2013-2018 industry expected to see 12% CAGR.
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