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ABC Australia acquires broadcast rights from DQ Entertainment

Posted On: 2012-11-14 02:38:25

DQ Entertainment (International) Ltd, the global entertainment production and distribution company, has announced an exclusive licensing deal with AUSTRALIAN BROADCASTING CORPORATION (ABC) for the broadcasting of two animated 3D TV series, Iron Man season 2 and Casper season 2.

This agreement will allow ABC Australia exclusive broadcasting rights across Australia for both series. Two seasons of Iron Man Armored Adventures have been co-produced by DQE, Marvel Animation and Method Animation while Casper's Scare School was co-produced by DQE and Moonscoop, France, along with Classic Media USA.

The Australian Broadcasting Corporation (ABC) is Australia's national public broadcaster that provides television, radio and online services throughout metropolitan and regional Australia, as well as overseas through the Australia Network and Radio Australia.

Tapaas Chakravarti Chairman & CEO of DQE Group said, "We are very proud to renew our fruitful collaboration with ABC Australia once again for second season of Iron Man and second season of Casper's Scare School. ABC is the perfect partner for showcasing these high quality iconic properties."

Barbara Uecker, ABC TV Childrens Head of Programming and Acquisitions said: "Our audience thoroughly enjoyed series one of both Iron Man and Casper and will be thrilled to have the second series of these shows back on air in 2013.

The DQ Entertainment (International) Ltd stock closed the day at Rs.21, up by Rs.0.65 or 3.19%. The stock hit an intraday high of Rs.21.45 and low of Rs.20.35.

The total traded quantity was 0.15 lakhs compared to 2 week average of 0.32 lakhs.

Source: Equity Bulls

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