18th Jan 2010 07:00
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Immediate Release
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18 January 2010
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DQ Entertainment PLC ("DQE")
"The Jungle Book" broadcast agreement
DQE, the animation, gaming and live action entertainment production and global distribution company, is pleased to announce a broadcasting agreement with Noga Communications Ltd ("Noga"), Israel 's leading independent television content producer & broadcaster, for the broadcast of "The Jungle Book", a 52 episodes 3D-HD animated series.
Noga's reach in Israel is extensive with specific commercial expertise in exploiting new content such as "The Jungle Book". DQE believe this will be of significant importance for future licensing, merchandising and publishing opportunities in Israel .
Noga's multiplex of channels, "The Children Channel", "Channel 8" and "Logi Channel" have a large share of the entertainment market in Israel .
Following the successful launch of the first episode of "The Jungle Book" at the Cannes Festival, ABC Television - Australia , Disney Multiplex channels for Asia including Japan and now Noga from Israel have formed agreements with DQE for TV broadcasting. NBC Universal has acquired rights for home video distribution of "The Jungle Book" for major territories including UK, France, French speaking Europe, Australia, NZ and Japan. In addition DQE expect to announce further strategic broadcasting, distribution and licensing deals for "The Jungle Book" in North America and other territories in due course.
Tapaas Chakravarti Chairman & CEO of DQE Group commented,
"Our collaboration with Israel 's Noga Communications Ltd is another affirmation of the quality of "The Jungle Book", a home grown TV series written in UK & Paris and produced in India . This production continues to generate world-wide interest and now boasts the participation of a number of marquee broadcasters and distributors."
Trailer available for viewing: http://www.youtube.com/watch?v=B5pDCplIPp4
Media Contact:
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DQ Entertainment PLC Sumedha Saraogi +91 40 2355 3726/27 or
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Buchanan Communication Mark Edwards/ Jeremy Garcia / Miranda Higham Tel: +44 20 7466 5000 |
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Religare Hichens Harrison plc Vineeta Manchanda Nicholas Malins Smith James Wood Tel: +44 20 7444 0500 |
Blomfield Corporate Finance Limited A 100% subsidiary of Religare Hichens Harrison Plc Alan MacKenzie Peter Trevelyan-Clark Derek Crowhurst Tel: +44 20 7444 0800
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About DQE
DQE is a leading animation, gaming and entertainment production and global distribution group engaged in production, co-production and original IP development with a workforce of 3500+(2788 permanent employees and 712 freelancers and trainees) in an expansion mode, and a global client - partner base of over 90 producers, distributors, broadcasters and licensors including Walt Disney Television Animation, Nickelodeon Animation Studios Inc., Electronic Arts, Marvel Comics, American Greetings, NBC-Universal, BBC Group, M6/ France TV/ TF-1 Broadcasting groups from France, ZDF Germany and many more world-wide.
DQE has produced/co-produced and distributed iconic brands such as Iron Man - the first 3D animated TV series, Twisted Whiskers, Mikido, Casper, Pinky & Perky, second season of Large Family, third season of Mickey Mouse Clubhouse and is now producing properties like Little Prince and Little Nicolas. DQE has a library of over 350 hours of international programs for distribution. DQE is also developing and producing 'The Jungle Book'as a 52 episode animated series and a 60 minute TV feature, Toomai-The Elephant Boy which is a live action TV series as well as Indian IPs which are on production like Mysteries and Feluda, and Omkar.
DQE's production facilities are based in Hyderabad , Mumbai and Kolkata and it has international sales representatives in Los Angeles , Paris and Tokyo .
DISCLAIMER DQ Entertainment (International) Limited, a wholly owned Indian subsidiary of DQE, is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offer of its equity shares in India and has filed a draft red herring prospectus ("DRHP") with the Securities and Exchange Board of India ("SEBI"). The DRHP is available on the website of SEBI and the website of the book running lead manager.
This press release does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any equity shares, nor shall it or any part of it nor the fact of its distribution form the basis of, or be relied on in connection with, any contract or investment decision. Any potential investor should note that investment in equity shares involves a high degree of risk. For further details, potential investors should refer to the DRHP, which has been filed with SEBI including the section titled "Risk Factors". This press release has been prepared for publication in India and the UK and may not be published or distributed in the United States of America and is not an offer or solicitation of an offer for sale of securities in the United States. The equity shares of DQE and DQ Entertainment (International) Limited have not been and will not be registered under the U.S. Securities Act of 1933, as amended or any state securities laws in the United States . This announcement does not constitute an offer of securities or sale in any jurisdiction, including the United States , and may not be offered or sold in the United States , except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act of 1993.
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