DQ Entertainment PLC Production, distribution & licensing agreements (9418O)
October 18 2012 - 1:00AM
UK Regulatory
TIDMDQE
RNS Number : 9418O
DQ Entertainment PLC
18 October 2012
For Immediate Release 18 October 2012
DQ Entertainment plc
("DQE" or "the Company")
$6m of production, distribution and licensing agreements
concluded
at MIPCOM, Cannes
DQ Entertainment plc (AIM:DQE), the global entertainment group,
is pleased to announce the signing of several new production,
distribution and licensing agreements at the recently concluded
MIPCOM, Cannes - the world market for TV & Media. The Company
estimates that approximately $6m revenue will be generated over the
next 2 years from these various agreements.
Production agreements:
1. "Raz & Benny" with Foothill - Europe
DQE and Foothill Europe have agreed to develop, co-produce and
distribute the animated buddy comedy, Raz & Benny with a global
production budget of approximately $7m. The agreement also covers
the exploitation of the ancillary rights such as merchandising.
2. "Little Prince" season 3 with Method Animation - France
DQE and Method Animation, France will co-produce the third
season of the highly successful animated 3D TV series "The Little
Prince" with a budget of approximately $9.1m.
Licensing, distribution and co-production agreements:
1. Global TV, Indonesia acquired multiple properties from DQE
for free TV broadcast in Indonesia. The properties include
Galactick Football, The New Adventures of Lassie & Friends,
Robin Hood-Mischief in Sherwood, Tara Duncan and Feluda TV series
and its 60 minute TV feature.
2. JCCTV, Aljazeera's kids channel acquired the broadcast rights
of 4 properties from DQE. JCCTV will soon start broadcasting The
New Adventures of Lassie & Friends, 5 & IT, The New
Adventures of Peter Pan and Charlie Chaplin across 22 Arabic
nations.
3. Workpoint Entertainment Public Company, Thailand has signed a
broadcast agreement for Thailand for the following DQE properties:
The New Adventures of Lassie & Friends, Robin Hood-Mischief in
Sherwood, Iron Man Season 2, The New Adventures of Peter Pan and
Charlie Chaplin.
4. Cheers Media has acquired the Home Video distribution rights
of Charlie Chaplin for Vietnam.
5. ATV Turkey has signed a co-production agreement for the 52 x
11' new 3D animated TV series Robin Hood-Mischief In Sherwood,
being co-produced by DQE with Method Animation, France. ATV will
have exclusive free TV, pay TV, VOD, pay per view, Web TV, IPTV,
Home Video rights, merchandising, licensing and publishing rights
for Turkey.
Tapaas Chakravarti, Chairman and CEO of DQE commented, "MIPCOM
2012, the hugely popular TV content market has once again proven to
be very successful for DQE. We have concluded several new
agreements and also generated leads for new business in the future.
We are delighted with the support of our long standing partners
Method Animation France, ATV Turkey and JCCTV Middle East for their
continued support of our properties."
- Ends -
Contact
DQ Entertainment International Tel: +91 40 235 53726
Tapaas Chakravarti - Chairman and CEO
Rashida Adenwala - Director Finance & Investor
Relations
Seymour Pierce Ltd Tel: +44 (0)207 107
Guy Peters / David Foreman (Corporate Finance) 8000
Paul Jewell / David Banks (Corporate Broking)
Buchanan Tel: +44 (0)20 7466
Mark Edwards / Clare Akhurst 5000
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. With a creative talent
pool of approximately 3,000 people and a global client - partner
base of over 100 producers, distributors, broadcasters and
licensors, including Walt Disney Group, Universal Pictures,
Nickelodeon Animation Studios Inc., Electronic Arts, Marvel Comics,
American Greetings, the BBC, M6 / France TV Group / TF-1, all
leading broadcasting and distribution groups from France, ZDF TV
and ZDF Enterprises, a leading pubcaster and distributor from
Germany, ABC Australia, Al Jazeera - Arabic nations, Disney
Channels - Asia, Cartoon Network Group and many more worldwide.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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