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Exclusive Agreement

19 Nov 2008 08:37

RNS Number : 4551I
DQ Entertainment PLC
19 November 2008
 



For Immediate Release

19 November 2008

DQ Entertainment plc ("DQE") and Turner 

announce exclusive content agreement

DQE's Balkand and Ravan to exclusively premiere on Turner Entertainment Networks in 2009

DQEthe AIM listed, India based animation, gaming and entertainment company, is pleased to announce an agreement with Turner Networks Asia (TENA) for two exclusive animated features for television.  

Titled Balkand and Ravan, the animation series created and produced by DQE will premiere on TENA's leading children's channels' in India in 2009. This agreement confirms DQE's position as the leading animation studio in India and also reaffirms TENA's commitment to investing and promoting bespoke local productions having already acquired 21 animation series in the region.

Tapaas Chakravarti Chairman & CEO of DQE Group said, 

 

"This strategic collaboration is in line with our objective of producing first class content for Indian audiences. We are very happy to partner with Turner - Cartoon Network - the pioneers for showcasing Indian animation content - and we appreciate the foresight and dedication othe part of Turner to encourage production of local Indian content. Their efforts in this area have been relentless and we are sure this strategic collaboration will generate further initiativesIn producing Indian content DQ Entertainment is embarking on a new and exciting venture. The team greatly looks forward to working on Indian characters and themes." 

Mark Eyers, Vice President - Content, Turner Entertainment Networks Asia (TENA), said, "We have always believed in the vast potential of Indian animation and supported it from the forefront by acquiring and offering productions a national platform, providing creative support and by marketing them as we would our own animations. As leaders in kids' television entertainment in India, we are delighted to expand the slate of Indian animation with two more valuable additions and we are extremely excited that DQE's upcoming Indian productions will have their world television premier on our networks."

About DQE: 

DQ Entertainment is a leading animation production company engaged in the production of traditional / digital animation and game art development with a workforce of over 3500 and a global client base. 

DQE produces animation for films, television series and console based games for a number of international production houses, DQE has over 80 clients including Walt Disney Television Animation, Nickelodeon Animation Studios Inc., Electronic Arts, Marvel, American Greetings, NBC-Universal, BBC, M6, France 2, Method Animation, Atlantyca etc. 

Currently under production at DQE are iconic international properties such as Iron Man, Casper, Pinky & Perky, Twisted Whiskers, Mikido, Little Nick, Le Petit Prince and many others. DQE has a library of over 300 Hours of international animated programs in its Licensing Division.

DQE's international quality production facilities are based in Hyderabad, Chennai, Mumbai. Kolkata and Manila and International Sales offices in LA, Paris and Tokyo.

Turner Entertainment Networks Asia, Inc.

Turner Entertainment Networks Asia, Inc (TENA) is the entertainment arm of Turner Broadcasting System Asia Pacific, Inc., a wholly-owned subsidiary of Turner Broadcasting System, Inc. Established in 1994, TENA distributes Cartoon NetworkTurner Classic MoviesPOGO and Boomerang as well as interactive entertainment content in the Asia Pacific region. With these established entertainment brands, Turner continues to be a leader in the Asian television marketplace.

TBS Inc., a Time Warner company, is a major producer of news and entertainment product around the world and the leading provider of programming for the basic cable industry.

END

Enquires: 

DQ Entertainment Limited 

Sumedha Saraogi

+91 40 2355 3726/27 or 

sumedha@dqentertainment.com

Turner, Time Warner Company 

Abha Talwar 

011 41699 117

abha.talwar@turner.com

Evolution Securities

Tom Price / Jeremy Ellis / Chris Clarke

+44 (0)20 7071 4300

Buchanan Communications

Mark Edwards / Jeremy Garcia / Miranda Higham

+44 (0)20 7466 5000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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