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Exclusive Content Agreement

23rd Apr 2009 07:00

RNS Number : 0161R
DQ Entertainment PLC
23 April 2009
 



For immediate release 23 April 2009

DQE & Turner Ink Third Exclusive Content Deal 'Omkar'

a TV Feature For India

'Omkar' to exclusively premier on Turner's kids' Networks in India in 2010

DQE, the AIM-London listed, India based animation, gaming and entertainment company, signed its third successive acquisition deal with Turner, for its kids' networks in India, for DQE's latest Indian mythological TV feature titled 'Omkar'. The earlier two DQE TV Feature titles acquired by Turner for the Indian region include, 'Balkand' and 'Ravan'. This latest strategic acquisition is yet another indication of Turner's consistent commitment to invest and promote bespoke productions and augment its robust Indian animation library by taking the tally of Turner's locally acquired animations to over 30! 

Commenting on the deal, Tapaas Chakravarti, Chairman and CEO said: "DQE has been sustaining production and delivery momentum through its innovative and highly customized content creation for various markets. We have entered the phase of exploring the aura of Indian stories and a partnership with a committed and leading company like Turner is a sure way to fine tune the content for animation lovers and kids. This strategic pact reaffirms DQE's vision of reviving the Indian stories, using its expertise in all aspects 

on animation and live action & bringing to life the most anticipated feature on the life of Lord Shiva. Titled 'Omkar', the animation features created and produced by DQE will premiere on Turner India's leading kids' channels India in 2010. DQE holds exclusive rights for home video, publishing and global Audio visual rights other than Turner's exclusive territory."

Mark Eyers, Vice President - Content, Turner Entertainment Networks Asia (TENA), said, "Indian animation is an integral part of our content mix and as the leading kids' channels of the country, we have supported the sector consistently by offering homegrown animations a national platform. We are delighted to add 'Omkar' to our and the country's largest Indian animation library, boasting of over 30 animated productions. "

'Omkar' revolves around inspiring and edutaining tales of Lord Shiva and his family comprising of Goddess Parvati, their two sons, Kartikeya, known as the general of the army of the gods and the adorable and revered Ganesha, the benign elephant headed deity of good fortune. 

About DQE:

DQE is a leading animation production & entertainment company engaged in the production of traditional / digital animation and game art development, Live Action content development with a workforce of over 3500 and a global client base. 

DQE has successfully started Licensing and Distributing of its formidable library which includes iconic brands such as Casper, Iron Man, Large Family, Mikido, Little Nick, The Jungle Book and many more

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

Currently under production and co-production at DQE are iconic international properties such as Iron Man, Casper, Pinky & Perky, Twisted Whiskers, Mikido, Little Nick, Le Petit Prince, Mickey Mouse Clubhouse Season 3, Large Family Season 2, Little Leonardo Season 2, And Yet It Moves Season 4and many others. DQE has a library of over 300 hours of international animated programs in its Licensing Division. DQE has expanded its Live Action content development for Bollywood with more on slate.

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

DQE to its credit has large number of International performance awards including direct 7 EMMY nominations and a grand EMMY win in 2007.

 

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: 

Sumedha Saraogi, DQ Entertainment Limited

+91 40 2355 3726/27 or [email protected]

 

Mark Edwards / Jeremy Garcia 

Buchanan Communications

+44 (0)20 7466 5000

Jeremy Ellis / Chris Clarke

Evolution Securities

+44 (0)20 7071 4300

Abha Talwar at [email protected]

or call at 011 41699 117

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