clear clear clear clear clear
clear
Movies
   Scoops & News

DQ Ent acquires 20% stake in Method Films

February 29, 2008 12:43:25 PM IST
Bollywood Trade News Network
Send to Friend

Animation and gaming content production company DQ Entertainment plc has acquired a 20 % stake in Method Films SA, France.

The acquisition is in line with DQE's strategy to invest in co-production to obtain larger percentages of the global intellectual property and distribution rights in its productions.

Method Films is a multi award winning animation concept and content creation company, one of the European leaders, which produces content for a number of international broadcasters such as Nickelodeon, BBC, ITV, France2, France 3, ABC Australia, etc. Method films has produced several well known TV series created in-house and co-produced with DQ Entertainment such as Skyland, Les Gnouf, Mikido, and has rejuvenated strong international brands such as Iron Man in co-production with Marvel Entertainment & DQ Entertainment. In the year ended 31 Dec 2006, Method Films generated EBIDTA of Euro 6.58 Mn and had net asset of Euro 13.33 million on that date.

Method Films chairman Aton Soumache said, 'We are glad to open new perspectives to this long term relationship with DQ Entertainment. DQ Entertainment is a talented large production company to which we owe a lot, and it will be a central key to the future developments of our company, not only for animation productions for various platforms but for video games also. I do strongly believe in the vast business opportunities available with this French-Indian relationship for the future.'

DQE chairman and CEO Tapaas Chakravarti said, 'Our acquiring stake in Method Films is the logical next step to reinforce our long and successful relationship and help create one of the strongest global animation partnerships. This acquisition will allow DQE greater access to global IPR funding and co-productions and logical larger percentages of the global IP and Distribution rights besides the service revenues.'



 
 

 More on Glamsham


- Akshay Kumar won't strike GOLD this monsoon - News
- Priyanka -Ranveer meets Zoya Akhtar. Is DIL DHADAKNE DO sequel on the anvil? - News
- Saif Ali Khan on Sonu Nigam azaan row: It was bit aggressive though initially - News
- Salman Khan and Sonakshi Sinha dance their heart out! - News
- This director is all praise for Salman Khan! - News
- You can't miss this BEGUM JAAN actor's fitness regime! - News
- Hanuman Da Damdaar - Movie Stills
- Aditi Rao Hydari caught a screening of her movie KAATRU VELIYIDAI - Picture Gallery
- Babe Of The Day - Picture Gallery
- Malaika Arora Khan, Amrita Arora Ladak snapped at Bandra - Picture Gallery
- Shilpa Shetty Kundra, Raj Kundra with son Viaan Raj Kundra snapped at the airport - Picture Gallery
- Sizzling Kangana Ranaut snapped at Bandra - Picture Gallery
- Sizzling mother Kareena Kapoor Khan snapped post Yoga Session - Picture Gallery
- Sonam Kapoor spotted with mother Sunita Kapoor at Bandra - Picture Gallery
- Sonam, Arjun, Kiara and others snapped at Bandra - Picture Gallery

   News Archives


   Comments

A Fifth Quarter Infomedia Pvt. Ltd. site.