MUMBAI: DQ Entertainment has tied up with Moser Baer for distribution of its animated series Pet Pals, co-produced with Gruppo Alcuni, Italy and Ratman co-produced with Stranemani for RAI Group of Italy.
This would be for the first time that DQ Enetertainment is foraying into the home video segment in India through this collaboration. The first two seasons of the animated series will be available in the market as CDs and DVDs priced at Rs 49 and Rs 69 respectively.
DQ Entertainment Ltd CEO Tapaas Chakrvarti said, â€œWe are extremely happy with our collaboration with Moser Baer for distribution of two of our award winning global animation contents now freshly orchestrated for vast Indian audience in need of quality animation content for children. As reported by NASSCOM, 2007, Indian animation market needs are growing over 30 per cent CAGR, an amazing growth.â€
â€œMoser Baerâ€™s distribution paradigm is to expound DQ Entertainmentâ€™s proficiency in innovative animation trends, across the country. Our world class manufacturing capabilities and large pan-India distribution structure will ensure availability of this quality animation product to the Indian Kids at affordable rates,â€ added Moser Baer entertainment business CEO Harish Dayani.
Pet Pals has won the Cartoons on the Bay 2007, special Jury Award in the TV Series for Infants category for RAI subscribers, Italy. The TV series targets children below age seven and Ratman targets children between seven and 11 years.
DQ Entertainment recently announced strategic partnerships with American Greetings Properties, USA, Classic Media, USA and Moonscoop, France, Method Films, France and Marvel Entertainment, USA for eight animation TV series besides foraying into Bollywood live action and animation feature film and animated TV series production.
DQ Entertainment also plans to expand its creative talent base by opening animation training academies across the country. In the gaming segment DQ Entertainment is consolidating its position, covering the gamut of 3-dimension console games, mobile games and online, web-based interactive games.
The company is also planning to raise $ 60 million on London Stock Exchange’s Alternative Investment Market (AIM).