NEWS: From Singapore to Malaysia – Markets Leading the Expansion of Southeast Asian Cinema1 min read
Reading Time: < 1 minuteDomestic box office records are being set across Southeast Asia, more screens are being built, and more people are going to the movies. Major international productions, such as last year’s hit Crazy Rich Asians, which shot in Singapore and Malaysia, have showcased the region’s strengths as a backdrop, while streaming giants Netflix and HBO — both have headquarters in Singapore to oversee production in Asia — are increasingly looking east for subscribers and localized content to diversify their swelling content libraries.
“Southeast Asia has been a region of focus and growing industry interest for the past several years,” says Rance Pow, founder and president of leading Asian film research and market intel group Artisan Gateway. “Markets with large populations that are relatively underscreened by more mature market standards represent significant admissions growth opportunities for the film and cinema industries. This also means opportunity for the local creative industry as the filmgoing experience grows in popularity.”
Here’s a look into what’s been happening in five major markets that are leading the expansion of Southeast Asian cinema.