Globalgate Collaborates With Falcon Pictures
JAKARTA - Lionsgate's Canadian-American entertainment company Globalgate announced a partnership with Indonesian production house, Falcon Pictures, in the production and distribution of films. This means, Falcon Pictures adds to their list of partnerships after Televisa, TF1, Nordisk, Tobis, Rai, Kadokawa, Lotte, TME, Paris Film, CineColombia / Dynamo, Belga and Viva Commmunications.
Globalgate is Lionsgate's plan to produce and distribute local language films to a wide market worldwide. This also proves that local language films are developing. Founded 4 years ago, Globalgate is the opening act for local films to be able to compete in a large industry arena.
Meanwhile, Falcon Pictures is a production house owned by HB Naveen which was founded in 2010. This production house is known to always score box office numbers in Indonesia, namely Warkop DKI Reborn, Comic 8, and Dilan 1990. Reported from its website, in recent years Falcon has reached 25 percent share of the local box office with the release of films such as Bumi Manusia, the three Comic 8 films, and My Stupid Boss.
Globalgate said, Indonesia is the fourth most populous country in the world. And in 2016, when restrictions on foreign investment were implemented, Indonesia succeeded in adding 2 thousand cinemas. This also affected the production side which reached more than 130 films per year and the local market share which increased to 38 percent.
William Pfeiffer as chief executive said, Indonesia has a fast-growing media industry with rapid growth in local film and series production, new cinemas, and local box office market share, and Falcon Pictures, with its unmatched growth rate, is at its center.
"We look forward to expanding Globalgate's footprint in Southeast Asia with Falcon while continuing to work with our other project partners around the world," said Pfeiffer.
Falcon Pictures also welcomes this collaboration and hopes to expand the distribution of content throughout the world. "All of us at Falcon sincerely thank William and Globalgate for this partnership."
Falcon Pictures is preparing the release of several films for the next few months, namely Miracle in Cell no. 7, Friends But Married 2, as well as Mariposa.