JAKARTA (Yosefardi) – PT Media Nusantara Citra Tbk (MNCN) mulls to offer shares of its unit PT MNC Pictures through the initial public offering (IPO), expected to happen next year.

MNC Pictures produces content for TV screen (sinetron and film for cinema). The company has produced 5-8 films for cinema segment.

While the largest production houses in Indonesia are such as MD Entertainment and Multivision Plus owned by Dhamoo Punjabi, Soraya Intercine Films owned by Ram Soraya, and RAPI Films.