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.
Children’s channel KidsCo will launch in South Korea, Singapore, Palau, and the Philippines on March 20, World Screen reports. The network, a joint ventures of NBC Universal, DIC Entertainment and Nelvana Enterprises, is planning to expand into forty territories in Europe and Latin America over the next 18 months. KidsCo airs live-action and cartoon series […]
The Federation of Indian Chambers of Commerce and Industry (Ficci) is calling for tax exemptions and a ten-year tax holiday to aid the animation, gaming, and VFX industries, Indiantelevision reports. The group wants service and sales taxes removed and development assistance extended to the industries, as well as the imposition of a requirement of ten […]
Hong Kong is aiming to displace Japan as Hollywood’s choice animation supplier, Times Online reports. The article profiles the Chinese metropolis’s Imagi studio, which is producing Astro Boy for Warner Bros., despite Astro Boy being an iconic Japanese character. Imagi CEO Douglas Glen says Hong Kong boasts several advantages Japan does not, including a confidence […]
China is banning foreign-produced cartoons from airing between 5:00pm and 9:00pm on its television networks, the Associated Press reports. Under the new regulations, which extend a current ban covering the hours of 5:00pm to 8:00pm, only domestic cartoons approved by the State Administration of Radio, Film and Television will be allowed to air during the […]
India’s DQ Entertainment and Japan’s THINK Corp. have signed a “memorandum of understanding” to co-produce three high-end CG-animated TV series, and are considering plans for a direct-to-DVD feature film, Animationxpress reports. The two companies expect to spend approximately $24 million on the three series.
Cartoon Network plans to enhance its website portals in Asia to include a series of interactive community networks, and has signed a partnership with service platform provider Outblaze to develop the new content, the companies announced today. Services set to be launched include blogs, games, instant messaging and a suite of video creation, editing and […]
India’s animation industry could hit revenues $950 million by 2009, the Business-Standard reports. The rise in revenue is being driven by co-production and outsourcing deals with American producers such as Walt Disney, Imax, and Warner Bros. Industry observers caution, however, that the local industry still faces significant hurdles, including widespread piracy and a lack of […]