27 Oct 2010 07:38
Immediate release 27 October 2010
DQ Entertainment PLC ("DQE")
Mowgli swings to Israel
DQ Entertainment, the entertainment production and distribution company today announces the signing of a home video distribution deal for the 3D animated TV series "The Jungle Book" by Play Records Marketing & Distribution Ltd ("Play Records"), Israel.
Under the terms of the agreement Play Records has been awarded the Home Video distribution rights for the 52, 11 minute TV series of 'The Jungle Book' in Israel over a period of three years. DQE will receive a minimum guarantee as upfront payment for the license and will also be entitled to a royalty on future sales during the license period.
The Jungle Book has already been sold in multiple countries around the world for broadcasting, licensing and distribution. This is the first time DQE has entered the strategically important home video distribution market in Israel . The Home Video distribution market in Israel has steadily increased its output and is increasingly embracing digital animated content. Play Records is a leading home video distributor in this region and already holds image rights for other popular digital brands.
DQE has previously announced a broadcasting deal with Noga Communication for The Jungle Book in Israel.
Tapaas Chakravarti Chairman & CEO of DQE commented, "Play Records are leaders in home video distribution market in Israel and it is only logical for us to associate with them for an iconic and classic property like The Jungle Book. This deal falls perfectly in line with our global plans and is strategically very important for us since it will pave the way for more revenue opportunities in this region.
"We believe that this is the beginning of a long lasting and mutually beneficial collaborationwith Play Records."
Description:
The series tell stories of the man-cub 'Mowgli' raised in the Indian jungles by a pack of wolves. Drama, excitement and adventure mixed with a high element of comedy tell tales of how Mowgli lives and survives in the jungle, where his only companions are animals. His adventures reflect his daredevil, fearless, high-spirited and fun-loving escapades. He is helped by Baloo the wise bear, his best friend Bagheera the black panther and (sometimes!) mighty Kaa, the rock python. Mowgli learns to overcome adversity and make progress in his life by using his quick wit and natural curiosity, with his constantly optimistic outlook on life. This is very challenging for the little man-cub with an evil enemy like Shere Khan, the royal Bengal tiger.
Mowgli's adventures open out in the lush tropical forest of Seeonee amidst splendid Indian royal forts, temples, waterfalls and the Waingunga river. Throughout the series other characters from the Kipling stories add flavour to the drama, comedy and action, bringing out excellent animation and quality storytelling.
About DQE:
DQE is one of the leading producers of animation, visual effects, game art and live action entertainment content for the global media and entertainment industry. DQE's production in hi-end 3D, 'The Jungle Book' is in production as a 52 episode animated series and a 60 minute TV feature in co-production with international majors including TF1 and Moonscoop, France, ZDF Group, Germany and is to be released worldwide in 2010.
Toomai-The Elephant Boy is a live action TV series which is currently being developed in co-operation with international broadcasters, while several Indian IPs like Mysteries & Feluda, Omkar, Balkand I, II and III with international broadcasters have had a successful run.
DQE has also announced the development of a series of animated short films for television in collaboration with French production companies Method Animation and MK2. DQE, Method Animation and MK2 announced the production and worldwide distribution and exploitation of an animated version of 104 six-minute episodes inspired by the legendary film icon Charlie Chaplin's Hollywood films. DQE is also producing a 3D animated stereoscopic feature film "The Prodigies" for Onyx Films and Fidelite Films, France.
DQE has received recognition and awards at several national and international forums fostering creativity and excellence. Recent recognitions include the Ernst & Young, Entrepreneur of the Year - 2009 India Awards, The UK Broadcast Awards 2010, Sichuan TV Festival International "Gold Panda" Awards, The Emmy Award, administered by the National Academy of Television Arts & Sciences for Tutenstein TV series co-produced by DQE and several others.
DQE's production facilities are based in Hyderabad, Mumbai and Kolkata and it has international sales representatives in Los Angeles, Paris and Tokyo. With a workforce of approximately 3,500 permanent employees, DQE has a global client-partner base of over 90 producers, distributors, broadcasters and licensors including Walt Disney Group, Universal Pictures, Nickelodeon Animation Studios Inc., Electronic Arts, Marvel Comics, American Greetings, BBC Group, M6/France TV Group/TF-1 - leading broadcasting and distribution groups from France, ZDF TV and ZDF Enterprises - leading broadcasting and global distributors from Germany, ABC Australia, Al Jazeera - Arabic nations, Disney Channels - Asia, Cartoon Network Group and many more worldwide.
Further Information:
| DQ Entertainment International Sumedha Saraogi sumedha@dqentertainment.com
| Tel: +91 40 2355 3726/27
|
| Seymour Pierce Ltd (Nominated Adviser and Broker) Nandita Sahgal / David Foreman (Corporate Finance) Leti McManus (Corporate Broking)
| Tel: +44 (0)207 107 8000 |
| Buchanan Communications (Financial Public Relations Advisers) Mark Edwards / Jeremy Garcia / George Prassas | Tel: +44 (0)20 7466 5000 |