Budi Pekerti: A Catalyst for Cinema XXI?

The release of a domestic movie titled "Budi Pekerti" presents an opportunity for Cinema XXI (CNMA) to achieve strong performance in the Q4 2023.

Yustinus Andri

4 Nov 2023 - 20.27
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Budi Pekerti: A Catalyst for Cinema XXI?

Cinema XXI

Bisnis, JAKARTA – The release of Wregas Bhanuteja’s "Budi Pekerti" in the local cinemas is highly anticipated within the national film industry. Cinema XXI, operated by PT Nusantara Sejahtera Raya Tbk (CNMA), is no exception. "Budi Pekerti" is expected to be one of the top Indonesian films in the country.

The film has received 17 nominations for the Citra Cup at the Indonesian Film Festival (FFI), reflecting its significant recognition within the film industry. As a result, its release on November 2, 2023, has garnered significant public attention. 

This is beneficial for CNMA, which screens the film in various locations. CNMA has relied on ticket sales from successful local films to generate substantial income throughout the year.

According to a recent JPMorgan research report by Henry Wibowo, Arnanto Januri, and Elaine Tanuwijaya, CNMA has received a boost from the success of new domestic films. "Recent domestic films released in late September showed encouraging reception,” JP Morgan stated in the research quoted Friday (3/11).

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Asteria Desi Kartikasari
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Budi Pekerti: A Catalyst for Cinema XXI?

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