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C4U Nabs "Zoomix" and "The Gloops"

Korea’s C4U has bought broadcast rights to Zoomix, a fact-based cartoon about animals, and the pre-school 3D series The Gloops, c21 Media reports. Both series are produced by Spain’s Neptuno Films.

ACK Media Buys Quietman Studios

India’s ACK Media has purchased Quietman Studios, Animation Xpress reports. The studio will henceforth operate under the name Katha Studios.

DQ Raises Money, Opens New Tech Center

DQ Entertainment has raised £26.8 million through the sale of 19.73 million shares on the London Stock Exchange’s AIM market for smaller growth stocks. The company will use the money to expand its production facilities and investments in production partnerships. Separately, the company says it has opened a new technology center in Hyderabad. [Sources: ShareCast.com; […]

Landmark Toonz Launching Home Vid Division

India’s Landmark Toonz will launch its home video entertainment division in January of 2008, Animation Xpress reports. The new division is expected to handle five titles a month.

Imagi Secures Financing for "Astro Boy" and "Gatchaman"

Imagi Animation Studios has announced the placement of convertible bonds worth HK6 million (which is approximately $52.07 million in U.S. dollars at current exchange rates), which will be used to finance production of feature films, including its CGI animated versions of Astro Boy and Gatchaman. (via Comic Book Resources Comics Reel)

Toonz Academy Opening New Facility in Hyderabad

India’s Toonz Academy will open a new training academy in Hyderabad this month, India PR Wire reports. Toonz Academy, which is an affiliate of Toonz Animation, plans to add other centers in Ahmedabad, Chennai, Bangalore, Visakhapatnam and Bhubaneswar in coming months.

China Reportedly Bans U.S. Films for 3 Months

Variety is reporting that China has enacted a ban on releasing American movies for at least three months. Among the films that will be locked out of the China market are DreamWorks Animation’s Bee Movie, Paramount’s Beowulf, and Disney’s Enchanted. The ban was not issued in writing, but speculation on the reasons why center on […]

Maya Entertainment Announces Animation Scholarships

India’s Maya Entertainment Limited will award scholarships to animation students through its just-announced Creativity Rewards Scholarship 2007 program, Animation Xpress reports. The initiative, designed to groom local talent, is being handled through Maya’s MAAC academic arm.

Sankranti and MayaCom Team Up for Animated Features

Sankranti Creations and MayaCom will coproduce two animated features under a partnership announced by the two companies, Animation Xpress reports. The films, budgeted at less than $4 million each, are intended primarily for the domestic Indian market.

Media Giants Moving in on Indian Children's Market

The Los Angeles Times is reporting that Time-Warner Inc. is joining the Walt Disney Corporation in moving into children’s entertainment in India (free registration required). Turner Entertainment Networks Asia has just signed with three Indian production houses to make localized animated features for the Indian market. The article also notes that Turner’s Cartoon Network and […]

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