Warner Bros. enters Jakarta

Mon, 01 Jul 1996, 00:00 WIB | Source: JP

JAKARTA (JP): Time Warner Entertainment Co. (Warner Bros), a
film, cartoon and television producer of the United States, will
expand its retail business in the city through its authorized
Indonesian distributor.

The local private firm, PT Putra Sinar Primer, a subsidiary of
the PSP group, will sign a franchise agreement with Warner Bros.
today.

An initial store in Jakarta is schedule to open early next
year. In addition to a planned store in the city, Putra Sinar
Primer plans to open up to seven Warner Bros. Studio Stores in
the country within the next five years with an investment of
US$40 million.

Warner Bros. currently opens more than 127 stores throughout
the U.S., 11 in Europe, seven in Asia and one in Australia. A
total of 25 stores are to be open later this year in the U.S.,
Australia, Japan and Hong Kong. (icn)

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