Wednesday 23 October 2013

DQ Entertainment concludes new contracts in Q2

The gross value of these co-production and licensing deals between the partners is approximately $37m

DQ Entertainment, the global entertainment production and distribution group, announces that it has concluded a number of TV Co-production and Licensing deals during its second fiscal quarter to 30 September 2013 and at MIPCOM 2013, Cannes - the world’s annual entertainment and content market conference - held earlier this month.

The gross value of these co-production and licensing deals between the partners is approximately $37m (Rs 2220m), of which approximately $12m (Rs 720m) is attributable to DQE and expected to be accrued as revenue over the next fiscal year ending 31 March 2015. Of this, only around $6m had been previously anticipated by management and therefore demonstrates the success DQE had in the quarter and at MIPCOM. Details of the co-production and licensing deals are set out below.
Production Deals
The following new production contracts are expected to enter production shortly, for delivery in 2015.

YONAGUNI:
The children-targeted entertainment brand of SeaWorld Parks & Entertainment has joined with DQ Entertainment and Rollman Entertainment, Burbank, USA to present a new CGI children's animated comedy adventure series called YONAGUNI, at this year's MIPCOM. The series will consist of 52 x 11' episodes and production is expected to commence shortly.

Dwarfs and Me:
DQE and Method Animation, France will co-produce their first hybrid animation show (combination of CGI and Live Action images) called “7 Dwarfs and Me”. A leading French broadcaster has agreed to co-produce the show while AB Group, France will also co-produce the show.

The New Adventures of Peter Pan 2:
DQE and Method Animation are also co-producing the second season of “The New Adventures of Peter Pan” after an immensely successful first season of the Peter Pan TV Series, which was distributed in over 100 countries and one of the highest rated TV Series in France, Germany and Italy. The anchor European broadcasters, including France Television, are co-producing as lead broadcast partners for the second season of this highly successful 26 x 22 3D animated TV series. Season 1 of The new adventures of Peter Pan also aired on other leading networks globally such as DeAgostini Kids-Italy, TeleQuebec-Canada, Noga-Israel, ABC-Australia, Turner-Asia, RAI TV –Italy, ATV-Turkey, EBS-Korea, JCCTV-Arabic Nations, Work Point – Thailand, TIGA-Thailand and SKY TV – Italia..

Children and It:
DQE and Method Animation, France are co-producing this CGI animated series based on the original book of “5 Children and IT” written by Edith Nesbit consisting of 52 episodes of 11 minutes each.

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