Hyderabad, 27th November, 2009: DQE, the Animation, Gaming and Entertainment production and distribution company, which recently filed its Draft Red Herring Prospectus with The Securities and Exchange Board of India for approval for an Initial Public Offer and subsequent listing in India, is pleased to announce a confirmation from SPHE for Home Video distribution deal for another 3 animated properties produced by DQE. This deal, for DQE produced, globally successful TV series - Casper, Sandra and an Indian TV feature Omkar, will provide SPHE exclusive rights for Home Video distribution in South Asia and a multimillion INR revenue for DQE.
Casper's Scare School is a 52x11' 3D animated TV series co-produced with MoonScoop, France and Classic Media, USA. The series premiered in Canada on YTV and TF1 in France . The series is being broadcast on Viacom18's kids channel - Nick, from November 2009 across South Asia.
Sandra is a 52x11' animated TV series co-produced by DQE and IMIRA, Spain. The property has been acquired by Disney India for broadcast in India.
Omkar is a 70' animated TV series DQE home production. The property is set to debut on Turner Entertainment Networks' POGO or Cartoon network channels.
Tapaas Chakravarti, Chairman and CEO of DQE, said: "We are thrilled that SPHE has acquired more of DQE's properties to add to their home video offering in South Asia. Our dream to entertain children of all ages in this region is being realised as we enter homes and hearts with our animated content. We believe Casper and Sandra, which already have a fan following around the world, will be hugely popular with young viewers in this region, while, Omkar will fascinate and educate children in the mythology genre. We are delighted to have a partner such as SPHE to get our content across to children in this region and have full faith in their reach and prowess."
Keith Ribeiro Country Manager SPHE India said, "This deal allows us to increase our output with more first rate animation product from DQE. Casper and Sandra have played exceptionally well in Western markets and I have no doubt these will deliver in the South Asian Home entertainment arena as well. Omkar is a product which will resonate with consumers across multiple generations inspired by mythology but captivated by the method in which the story is brought to life. We have tremendous respect for DQE and the kind of quality they bring to this delightful genre."
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Union Budget