Universal, Warner Bros. Discovery Execs Mull Future of Asian Theatrical Business
Naman Ramachandran Leading practitioners of the Asian theatrical business participated in a lively discussion on the future of the sector post-pandemic and the signs are encouraging. Speaking at the APOS conference in Singapore on Thursday, moderated by Variety Asia editor Patrick Frater, Stephen Laslocky, VP at leading research firm Media Partners Asia, provided a handy overview of the theatrical market in Southeast Asia. Laslocky said that Indonesia, the largest market in the region, would be back to 2019 levels of theatrical business by the end of 2022. “In Malaysia, the demand generally appears to be back, the issue was the pipeline just wasn’t so great, particularly this year. But next year, they think that’s going to improve for both local, which has done very well this year, and for foreign films next year,” Laslocky said.