DQ Entertainment PLC (“DQE”)
DQ Entertainment closes the budget of Euro 9.2 Million for the Jungle Book series with Moonscoop France in a coproduction deal
DQE, (AIM : DQE) The London listed Animation & Gaming Entertainment group, has signed a French coproduction deal with Paris-
The other major co-production partners already on-board are ZDF Enterprises and ZDF Broadcasting - Germany, as well as broadcasting and licensing powerhouse TF1 Group from France.
MoonScoop now will cooperate with TF1 broadcasting and other French funding agencies to perform some very important part of the work on the series.
NBC Universal, London is already responsible for Home Video distribution in some major western and far eastern territories.
This new alliance with Moonscoop will successfully capitalize on the strong individual production, global distribution and business networking capabilities of both groups. This relationship is already in place for several other iconic productions for last few years which include, The Fantastic Four, Twisted Whiskers and Todd World. Also in completion now are the Casper animated TV series with TF1, and work on Tara Duncan TV series with M6 has just begun.
Said Tapaas Chakravarti Chairman & CEO of DQE Group and Principal Producer of the 52x11 minutes Jungle Book series and 60 minutes TV special, “This powerful alliance with Moonscoop is not only helping to close the budget for our Jungle Book but is also testimony to our promise to produce several TV series and movies together. DQE group now is at rest that this amazingly beautiful series will have a boost in its quality and production efficiencies with the combined forces of ZDF Group Germany, Moonscoop-TF1 combine from France, and DQE group.”
Said Sanjay Chaudhary, Senior VP Finance and Legal Affairs, DQ Entertainment, “This co-investment by Moonscoop – TF1 co-production now closes the budget for the series already in production. In view of the current economic climate, this strategy and direct co-production alliance is a decisive step of leveraging tremendous individual strengths of both the groups as has been seen year after year earlier.”
Said Christophe di Sabatino, executive chairman of Moonscoop said: “Jungle Book is an iconic and well-loved property and to be involved in bringing it to television is a real privilege. It’s a fantastic project, with a strong team in place. As with our previous co-productions, Casper, and Tara Duncan, we are confident that the combination of Moonscoop and DQ Entertainment will prove to be a winning formula.”
Nicolas Atlan, CEO said: “This is our third co-production agreement and hopefully one of many collaborations with our friends at DQ Entertainment. It’s a partnership that thrives on an excellent and respectful relationship between the two companies and we’re very pleased to sign this new deal which will see us combine our skills once again to produce great television content.”
Laurent Billion COO Europe added: “This is an important project as the property has so many fans around the world, young and old. We are delighted to partner with DQ Entertainment who share the same vision as we do for producing top-quality animation with international appeal.”
For further information please contact:
DQ Entertainment International
Sumedha Saraogi
+91 40 2355 3726/27 or
sumedha@dqentertainment.com
Buchanan Communications
Mark Edwards / Jeremy Garcia / Miranda Higham
+44 (0)20 7466 5000
Blueprint PR
Aimee Norman/Janet Balmforth
Tel: +44 (0) 207 354 9813
or email: aimee@blueprintpr.co.uk
