Co-Production Deals For Peter Pan In Cannes

DQE ANNOUNCES CO-PRODUCTION DEALS FOR PETER PAN IN CANNES

Cannes 4th Oct 10, DQ Entertainment, a global animation, gaming and live action entertainment production and distribution company, is pleased to announce the signing of a new co-production agreement for its iconic property "The New Adventures of Peter Pan" in a 3D stereoscopic animated CGI format. The TV series will consist of 26 x 30 minute episodes.

DQE is producing "The New Adventures of Peter Pan" as a 3D stereoscopic production with Method Animation (France), and has concluded a deal with ZDF Group (Germany) ("ZDF") to co-produce the series. ZDF will be full co-producers on the project, with the right to appoint executive producers with full editorial rights and distribution rights across German speaking countries for Europe (excluding Italy and Turkey) UK, Ireland, South Africa and Latin America.

France Televisions have broadcasting rights for France and French speaking territories, have confirmed being on board this series in association with Method Animation (France).

"The New Adventures of Peter Pan" is being produced at a global budget of approximately €10 million in high-end 3D stereoscopic CGI, and is anticipated to be broadcast by the beginning of 2012.

Other major partners who have recently confirmed their participation on this production are De Agostini (Italy) and ATV (Turkey) as co-producers of the series. While De Agostini, the leading Italian film, television and media conglomerate will hold exclusive Pay TV, video on demand and licensing and merchandising distribution rights for Italy and Italian speaking countries, broadcaster ATV will hold broadcast rights for Turkey.

Tapaas Chakravarti, Chairman & CEO of DQE Group commented:

"The production of Peter Pan is in line with our strategic business plan to work globally with knowledgeable and powerful business partners to produce high quality branded IP to attract audiences and generate multiple revenue streams for licensing, publishing and merchandising. We are confident that Peter, Wendy and the mischievous and endearing Tinker Bell will capture hearts around the world.

Alexander Coridass, President and CEO of ZDF Enterprises said:

 "We at ZDF Enterprises are proud to be part of an enthusiastic team of experienced co-production partners who all have the same goal: creating programs that touch the hearts, minds and souls of worldwide audiences. "The New Adventures of Peter Pan" is yet another example of an historic model that is filled with new life using modern, breathtaking production technologies and innovative ideas from international partners working jointly together."

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