Animation Insider has spoken with Tapaas Chakravarthi, chairman and CEO of India’s DQ Entertainment, which is India’s largest animation, gaming, and effects studio. DQ will be using its profits from going public on the London Stock Exchange to expand both within the Indian domestic cartoon market and as a player on the international animation scene.
The CCTV International website has posted a feature article on the success of the animated short films spotlighting the fuwas, the five mascots of the 2008 Beijing Olympic Games. 100 short films have been created starring the five characters, who also adorn keychains, pins, stuffed animals, toys, and other Olympic paraphenalia. The article also chronicles […]
Imagi International Holdings has announced that it will become a secondary listing on the International OTCQX Exchange starting in September. The listing on the exchange will make it easier for traders in the United States to invest in Imagi. Being a secondary listing on the exchange means that investments on the OTCQX Exchange will not […]
Variety reports a good reception for DreamWorks Animation’s Kung Fu Panda in South Korea and China’s Sichuan province. Even though the movie slipped to the #2 box office spot in South Korea this past weekend, Kung Fu Panda‘s $20.7 million box office take from 3.3 million admissions has made it the most successful animated feature […]
A dearth of manpower will hamper the Indian animation industry, even as it tracks toward doubling its revenues by 2010, India’s Economic Times reports. Presently, the industry employs only 10,000 professionals, even though it is expected to see revenues top $1.5 billion in two years and have the capacity to employ 300,000 professionals in four, […]
* Singapore’s MediaCorp has picked up local distribution rights to the upcoming Madhouse/Rintaro CG-animated feature Yona Yona Penguin. [Variety] * Toei will release its upcoming feature Gegege Kitaro—Nihon Bakuretsu!! in six slightly different versions, each keyed to reflect a different region in Japan. [Variety] * The film Ha! Ha! Ha!, which features several computer-animated sequences […]
Indian actor Dileep has filed a copyright infringement against the maker of an animated movie, Galatta.com reports. The lawsuit concerns CID Moosa 007, an animated adaptation of a 2003 live-action film starring Dileep. The actor claims it was produced without his permission; the toon’s director, Binu Sasidharan, denies the allegation.
Compact Disc India has raised $40 million from UK banks to finance two animated features, The Hollywood Reporter says. The company will put the loans toward production on Soccer, an animated feature based on the life of Brazil’s Ronaldo, and Eternal Love, about the Shah who built the Taj Mahal.
Turner International is planning an expansion of its operations in India that will include a production unit to make animated movies for the Indian market. According to Turner, India will soon surpass Japan as its top market in the Asia-Pacific region, and they are looking for more partnerships and acquisition opportunities in the area. The […]
Pritish Nandy Communications and DQ Entertainment will co-develop and co-produce six movies over the next four years, ZeeNews reports. The $45 million deal will include both animated and live-action features. It follows a five-movie co-production deal between Pritish Nandy and Motion Pixel Corp. and a three-movie co-production deal between DQ and Percept Picture Co.