Universal, Warner Bros. Discovery Execs Mull Future of Asian Theatrical Business

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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 i…

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., provided a handy overview of the theatrical market in Southeast Asia.

“In the Philippines, I’m hearing some slightly more ambiguous feedback from a lot of people – frankly, their confidence is a little beat up, they’re not sure where things are headed,” Laslocky added. The executive said that in Thailand, the problem is the economy, where 15% of GDP is associated with the travel sector, which has barely begun to recover.

“Next year, you’re going to see a lot of the backlog which was delayed because of production house and effects house supply chain issues – they’re all going to come to the cinema screen,” said Kurt Rieder, senior VP, theatrical distribution ,. “By the end of 2023, we’ll know much better exactly what this looks like.

 

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