Three of Indonesia’s leading studios – MD Pictures, Falcon and Screenplay Films – explained their plans for taking local content international and how they’re juggling between producing for streamers and theatres, in a session at APOS. Manoj Punjabi, founder of MD Pictures, said his studio switched to producing 90% for the streamers during the pandemic, working with global players as well as Tencent-owned Chinese streamer WeTV. Tencent acquired a 14.6% stake in MD Pictures during the pandemic, which Punjabi said helped the company reach “a different level with more potential for growth”. However, Punjabi added that Indonesia is still a…