MD Pictures
MD Pictures is the Jakarta-based film production arm of MD Entertainment and the first publicly listed film company on the Indonesia Stock Exchange, producing and distributing Indonesian films, TV/OTT content, music, and animation across a wholly owned catalog of 200+ films and 14,000 hours of content.
- Company typePublic
- Founded2002
- HeadquartersJakarta, Indonesia
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What MD Pictures does
MD Pictures is the film production subsidiary of MD Entertainment, an integrated Indonesian media group headquartered in Jakarta and founded in 2002. As the first publicly listed film company on the Indonesia Stock Exchange, MD Pictures operates a vertically integrated content production system spanning film, television/OTT programming, music (via MD Music), and animation (via MD Animations), with all intellectual property rights wholly owned by the company. Its content library exceeds 200 feature films and 14,000 hours of programming, and the company has demonstrated commercial scale with the 2022 release of 'KKN: Curse of the Dancing Village', which surpassed 10 million viewers and became the highest-grossing Indonesian horror film of all time.
The company's revenue model combines one-time theatrical box office receipts, recurring subscription revenue from its owned MDTV digital platform (acquired in early 2025), content licensing royalties on its 14,000-hour library, and transaction-based international distribution deals (e.g., EST N8 for worldwide release of 'Janur Ireng: Sewu Dino'). Distribution spans Indonesian theatrical exhibition, the owned MDTV OTT platform, and international channel/licensing partnerships. The company received a minority strategic investment from Tencent in October 2021 to fund international expansion.
MD Pictures sits within a broader MD Entertainment ecosystem that includes MDTV (distribution), MD Music (soundtracks), MD Animations, MD Foundation (CSR), MD Now (digital), and MDA Restaurants (F&B). The 251–500 employee base supports multi-format production. Recent financial data indicates revenue growth from 2021 through 2025, though profitability deteriorated sharply in 2025 with negative EBITDA and net income, likely reflecting MDTV integration costs, content investment, or one-time charges. There are no disclosed AI/ML capabilities, patents, or proprietary technology platforms beyond the integrated production pipeline and owned distribution stack.
MD Pictures firmographics
Firmographics- Name
- MD Pictures
- Legal name
- MD Pictures
- Website
- https://mdpictures.com
- Company type
- Public
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- MD Pictures is the Jakarta-based film production arm of MD Entertainment and the first publicly listed film company on the Indonesia Stock Exchange, producing and distributing Indonesian films, TV/OTT content, music, and animation across a wholly owned catalog of 200+ films and 14,000 hours of content.
- Ownership category
- akta.pro rank
MD Pictures industry classification
Industry- Product category
- Film Production and Distribution
- NAICS
- Motion Picture and Sound Recording Industries (512), Motion Picture and Video Distribution (51212)
- SIC
- Services-Motion Picture & Video Tape Production (7812), Services-Allied To Motion Picture Distribution (7829), Services-Motion Picture & Video Tape Distribution (7822)
- akta.pro primary industry
- Digital Asset Management (DAM) for Media/Creative (MPAHAGAB)
Keywords
Where MD Pictures is headquartered
LocationHeadquarters
- HQ city
- Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices1 record
Markets served
MD Pictures business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Film Production & Distribution: MD Pictures generates revenue through theatrical releases of feature films in Indonesia and international markets, including the successful horror film KKN: Curse of the Dancing Village which achieved over 10 million viewers
- TV Series & OTT Programming: Production and distribution of television series and over-the-top (OTT) programming through MDTV platform and other broadcast channels
- Content Library Licensing: With a library of over 200 feature films and 14,000 hours of content, MD licenses its content to various platforms and territories internationally
- International Distribution Deals: Worldwide distribution deals for films like 'Janur Ireng: Sewu Dino' with partners such as EST N8, expanding reach beyond Indonesia
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
MD Pictures product offering
Product offeringCore offering
MD Pictures is a Jakarta-based Indonesian film studio that produces feature films, television series, OTT programming, music, and animation. The company distributes its content through theatrical releases in Indonesian cinemas, its owned MDTV digital streaming platform acquired in 2025, and international distribution partnerships. It also licenses content from a library of over 200 feature films and 14,000 hours of content to platforms and broadcasters worldwide.
Product overview
MD Pictures operates as the film production arm of MD Entertainment, Indonesia's leading integrated media company. The portfolio consists of MD Pictures (core film studio producing theatrical releases), MDTV (owned distribution platform acquired 2025), MD Music (soundtrack production), and MD Animations (animated content). All intellectual property rights for MD content are wholly owned by the company. The company maintains a vast library of over 200 feature films and 14,000 hours of content distributed through its owned platform and international partnerships.
Differentiator
Problem solved
Functional benefit
Brands
- MDTV: Television and digital content platform acquired by MD in early 2025
Products and services
- KKN: Curse of the Dancing Village Indonesian theatrical horror feature film released by MD Pictures in 2022, which became the highest-grossing Indonesian horror film of all time with over 10 million viewers. Targeted at Indonesian and international horror audiences.
- MDTV Television and digital content distribution platform acquired by MD Pictures in early 2025, providing direct-to-consumer streaming access to MD's TV series, drama, and digital content for Indonesian and regional audiences.
Quantifiable outcome
- 10 million+ viewers for KKN: Curse of the Dancing Village
- +1 more outcomes
Companies that use MD Pictures
Customer profileSegments2 records
Ideal customer profiles2 records
MD Pictures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
MD Pictures partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- EST N8minorEST N8 secured a worldwide distribution deal for the Indonesian horror film 'Janur Ireng: Sewu Dino'. The deal aims to distribute the film internationally, expanding its reach beyond Indonesia. This partnership enables MD Pictures to access global audiences through EST N8's distribution network.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
MD Pictures competitors and assessment
Company assessmentBroad incumbents
- Netflix: Global streaming incumbent actively investing in Indonesian original content and competing for MD Pictures' audience attention. Relevant as both a potential licensing customer and a competitor for direct-to-consumer revenue.
- Disney+ Hotstar: Major regional OTT competitor in Indonesia offering premium film and series content. Competes with MDTV for streaming subscribers and competes with MD Pictures' theatrical franchise economics.
- CJ ENM: Korean entertainment conglomerate operating integrated production, distribution, and OTT (TVING). Demonstrates the integrated content-plus-distribution model MD Pictures is pursuing with MDTV, making it a relevant strategic benchmark.
Emerging players
- iQIYI: Tencent-affiliated streaming platform active in Southeast Asia. Strategic relevance given Tencent's minority stake in MD Pictures — iQIYI represents a potential distribution channel for MD's Indonesian content into China and pan-Asia.
- Viu: PCCW-owned OTT platform with strong Southeast Asian footprint and active local content investment. Competes for Indonesian drama and film audiences, and is a potential distribution partner for MD Pictures' library.
Direct peers
- Starvision Plus: Indonesian film production and distribution company producing theatrical releases across horror, action, and drama. Direct competitor in Indonesian box office market and a comparable IP-driven studio model.
- Falcon Pictures: Indonesian film production company headquartered in Jakarta, producing horror, drama, and comedy theatrical releases. Most direct domestic peer to MD Pictures, competing for the same theatrical audiences and local talent.
- MNC Pictures: Production arm of Indonesia's MNC Media group, producing theatrical films and TV series. Comparable in scale and target market, competing for box office share and content licensing opportunities in Indonesia.
Others
- Skydance Media: Vertically integrated film and television studio combining production with global distribution partnerships. Relevant as a model for the integrated studio-plus-distribution trajectory MD Pictures is building with MDTV.
Regional players
- Base Entertainment: Southeast Asian film distribution and production company with operations across Indonesia, Thailand, and Philippines. Comparable in international distribution ambitions and Southeast Asian theatrical focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
MD Pictures social profiles
Digital presenceMD Pictures financial estimates
Financial estimateRevenue estimate
Valuation estimate
MD Pictures leadership team
Management profileNumber of profiles
Profiles4 records
MD Pictures subsidiaries and ownership
Company hierarchySubsidiaries1 record
MD Pictures funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MD Pictures M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MD Pictures
What does MD Pictures do?
MD Pictures is a Jakarta-based Indonesian film studio that produces feature films, television series, OTT programming, music, and animation. The company distributes its content through theatrical releases in Indonesian cinemas, its owned MDTV digital streaming platform acquired in 2025, and international distribution partnerships. It also licenses content from a library of over 200 feature films and 14,000 hours of content to platforms and broadcasters worldwide.
Is MD Pictures a public or private company?
MD Pictures is a public company. It is classified as public and is currently operating.
When was MD Pictures founded?
MD Pictures was founded in 2002. It employs 251 to 500 people.
Where is MD Pictures based?
MD Pictures is headquartered in Jakarta, Indonesia, in the Asia region.
How does MD Pictures make money?
Four revenue lines are on record. Film Production & Distribution is the primary driver. The others are TV Series & OTT Programming, content Library Licensing and international Distribution Deals.
Who are MD Pictures's main competitors?
Broad incumbents on record are Netflix, Disney+ Hotstar and CJ ENM. Emerging players are iQIYI and Viu. Direct peers are Starvision Plus, Falcon Pictures and MNC Pictures. Skydance Media is listed as an others. Base Entertainment is listed as a regional player.
Does MD Pictures have an API?
No public API is recorded for MD Pictures.
What industry is MD Pictures in?
MD Pictures's product category is Film Production and Distribution. Its primary akta.pro industry code is MPAHAGAB, Digital Asset Management (DAM) for Media/Creative. Its NAICS code is 512 and its SIC code is 7812.