MD Entertainment

What MD Entertainment does

PT MD Entertainment Tbk (IDX: FILM), founded in 2002 and headquartered in Jakarta, is Indonesia's largest film production company and the first publicly listed film studio on the Indonesia Stock Exchange. The company operates a fully integrated content production pipeline across MD Pictures (feature films, with over 200 titles produced and a 14,000+ hour content library), MD Music (original soundtracks), MD Animations (animated series and films), MD Foundation (CSR), and MDA Restaurants (a non-core F&B business). Since 2025, MD has also operated MDTV, an over-the-top and television distribution platform acquired and launched that same year. All IP rights across the content portfolio are wholly owned by the company, enabling franchise extension across formats.

The company's commercial model spans theatrical distribution through Indonesian cinema chains (XXI, CGV, Cinepolis) with premium-format (IMAX, 4DX) partnerships; international theatrical distribution via Lionsgate and EST N8; streaming licensing to Netflix and WeTV; and subscription-based revenue from the owned MDTV platform. Key franchises include the Danur Universe, KKN di Desa Penari Universe, and Sewu Dino Universe, anchored by KKN di Desa Penari (2022), which became Indonesia's highest-grossing domestic film of all time with over 10 million viewers. In 2024 MD Pictures captured over 21% of the Indonesian film market share and delivered 15.79 million total viewers across 14 films. The company has assembled a coalition of strategic backers including Korea's SBS ($20.3M investment, June 2025) and minority shareholder Tencent (2021).

MD Entertainment's go-to-market combines a product-led, social-first approach — leveraging viral narratives from content creators (SimpleMan, Risa Saraswati) and cast-reveal events — with enterprise sales to global distributors. The company positions itself for audiences seeking culturally local content (horror, family drama, romance) timed to national holiday release windows. The 2025 rebrand from MD Pictures to MD Entertainment signaled the company's strategic repositioning from a film-production house to a multi-vertical media platform. Reported revenue grew from 28.33 trillion IDR in 2024 to 29.69 trillion IDR in 2025, although profitability materially deteriorated in 2025 with a reported net loss of 15.37 trillion IDR.

Name

MD Entertainment

Legal name

PT MD Entertainment Tbk

Website

https://mdentertainment.com

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

MD Entertainment is Indonesia's largest film production company, publicly listed on the IDX (ticker: FILM), producing and distributing films, TV series, animation, and music through owned IP and the MDTV streaming platform, with over 21% domestic market share.

Ownership category

akta.pro rank

Product category

Film Production and Entertainment Distribution

NAICS

Motion Picture and Sound Recording Industries (512), Broadcasting and Content Providers (516), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621)

SIC

Services-Motion Picture & Video Tape Production (7812), Services-Motion Picture & Video Tape Distribution (7822)

akta.pro primary industry

Royalty, Reporting & Revenue Share Administration (MPADALAJ)

Keywords

• Indonesian film production
• Theatrical film distribution
• Streaming content licensing
• Animated series production
• Original film soundtracks

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Theatrical Film Distribution: Revenue generated from cinema ticket sales across Indonesia and international markets. MD Entertainment is the top-ranked Indonesian production house, commanding over 19% market share with films released across major cinema chains including CGV and XXI.
2. Streaming Platform Licensing: MD produces and licenses content to streaming platforms including Netflix (e.g., 'Ipar Adalah Maut The Series') and WeTV. The company also launched its own MDTV platform in early 2025 following an acquisition.
3. Television Broadcasting: MDTV, acquired and launched by MD Entertainment in early 2025, serves as the company's owned distribution platform for television and drama content, reinforcing dominance in the television and digital content segments.
4. Premium Format Distribution: Revenue from IMAX, 4DX, and IMAX format screenings of films, with premium ticket pricing and co-marketing partnerships with IMAX and CJ 4Dplex/CGV Indonesia.
5. International Sales and Licensing: Revenue from international distribution agreements including Lionsgate for global theatrical distribution and EST N8 for North American sales of films such as 'Badarawuhi di Desa Penari' and 'Pabrik Gula'.
6. Music and Animation: MD Music produces original soundtracks and MD Animations produces animated series and movies, contributing additional revenue streams alongside the core film business.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels5 records

Core offering

PT MD Entertainment Tbk is Indonesia's largest media and entertainment company, producing and distributing feature films, television series, animated content, and original soundtracks. The company operates across an integrated production pipeline, owns a library of 200+ feature films and 14,000+ hours of content, and distributes through theatrical cinema chains, premium-format partners (IMAX, 4DX), and digital platforms including the MDTV streaming service acquired in 2025 and licensing deals with Netflix and WeTV.

Product overview

MD Entertainment is Indonesia's leading media and entertainment conglomerate operating a multi-platform content portfolio. The company is structured as a holding with distinct divisions: MD Pictures (film production - core product and first listed film company on IDX), MDTV (owned television/digital streaming platform acquired 2025), MD Music (soundtracks), MD Animations (animated content), MD Foundation (CSR), and MDA Restaurants (food & beverage). MD Pictures alone has produced over 200 feature films with 14,000+ hours of content library, with all IP rights owned by the company. The portfolio includes horror franchises (Danur Universe, KKN di Desa Penari Universe), drama films, romantic comedies, and television series. The company expanded into owned distribution through MDTV acquisition, strengthening its vertically integrated content business model.

Differentiator

Problem solved

Functional benefit

Brands

• MD Pictures: Film production and distribution division of MD Entertainment
• MD Music
• MD Animations
• MDTV
• MDA Restaurants
• MD Foundation
• MD Now

Products and services

• MD Pictures Theatrical feature film production for Indonesian cinema audiences, encompassing script development, production, marketing, and theatrical distribution. Releases 14+ films annually and has produced over 200 feature films including record-breaking titles such as KKN di Desa Penari.
• MDTV Owned digital streaming platform acquired in 2025 that distributes MD Entertainment's content library and additional catalog titles to Indonesian subscribers. Provides the company with direct-to-consumer digital distribution capability, complementing theatrical and third-party licensing channels.
• MD Music Music label and original soundtrack production division creating songs and scores for MD Entertainment's film releases, also extending to a broader music catalog.
• MD Animations Animation production for animated feature films and series, targeting both theatrical release and digital streaming platforms. Extends MD Entertainment's IP into animation-format content.
• TV Series Television series production for traditional broadcast networks in Indonesia, producing episodic drama and entertainment content for linear TV audiences.
• Series (OTT / Digital) Episodic series content produced specifically for over-the-top and digital streaming platforms, including partnerships with MDTV, Netflix, and WeTV for digital distribution.

Quantifiable outcome

• 15.79 million viewers in 2024, surpassing 2022 record
• +3 more outcomes

Named customers7 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered minor, core and major.

• Singapore Tourism Board (STB)minorGTM or Marketing Partner · 2 February 2026MD Pictures collaborated with the Singapore Tourism Board for 'Ahlan Singapore', a romantic drama film shot in Singapore and promoted in collaboration with STB to showcase Singapore as a travel destination.
• EST N8coreChannel Partner/ Reseller/ Distributor · 26 March 2025EST N8 serves as the North American theatrical distributor for MD Pictures films including 'Pabrik Gula', which premiered at AMC The Grove Los Angeles in March 2025.
• NetflixcoreChannel Partner/ Reseller/ Distributor · 1 January 2025MD Entertainment produced 'Ipar Adalah Maut The Series' as an MD x Netflix collaboration, representing the company's entry into premium global streaming content production.
• CJ 4Dplex / CGV IndonesiacoreChannel Partner/ Reseller/ Distributor · 1 January 2025CJ 4Dplex and CGV Indonesia partnered with MD Pictures to release films in 4DX premium format, providing immersive cinema experiences for audiences. 'Pabrik Gula' was released in 4DX format alongside standard theatrical and IMAX releases.
• Barunson E&AminorChannel Partner/ Reseller/ Distributor · 27 September 2024Barunson E&A, the South Korean production company behind Oscar-winning 'Parasite', partnered with MD Pictures for international sales of 'Sorop', with plans to launch the film at a major international film festival.
• LionsgatemajorChannel Partner/ Reseller/ Distributor · 15 March 2024Lionsgate partnered with MD Pictures to exclusively distribute 'Badarawuhi di Desa Penari (Dancing Village: The Curse Begins)' globally, marking a significant step in bringing Indonesian cinema to international theatrical markets.
• IMAX CorporationcoreChannel Partner/ Reseller/ Distributor · 1 January 2022IMAX has an ongoing collaboration with MD Pictures for premium format releases including 'Badarawuhi di Desa Penari' (the first Southeast Asian film shot for IMAX), 'Danur: The Last Chapter', and 'Pabrik Gula'. MD's 'Pabrik Gula' became the first Indonesian film to receive exclusive behind-the-scenes content on IMAX's official YouTube channel.
• WeTVcoreChannel Partner/ Reseller/ Distributor · 13 December 2021MD Pictures has a multi-year content partnership with WeTV for original series production, including five WeTV Original titles announced in 2021, several of which were second seasons of existing series.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

• Xx.com/MDEntertainment
• YouTubeyoutube.com/@MDPictures/videos
• Facebookfacebook.com/MDEntertainment
• Instagraminstagram.com/md_entertainment
• LinkedInlinkedin.com/company/pt-md-entertainment

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MD Entertainment