MUMBAI: DQ Entertainment, the animation, gaming and live action entertainment production and distribution company, has signed a new co-production agreement for its property, The New Adventures of Peter Pan with ZDF Group (Germany).
DQE is producing the 26X30 minutes episodes in a 3D stereoscopic animated CGI format with Method Animation (France), and has now concluded a deal with ZDF to co-produce the series.
DQE Group chairman and CEO Tapaas Chakravarti said, "The production of Peter Pan is in line with our strategic business plan to work globally with knowledgeable and powerful business partners to produce high quality branded IP to attract audiences and generate multiple revenue streams for licensing, publishing and merchandising. We are confident that Peter, Wendy and the mischievous and endearing Tinker Bell will capture hearts around the world.”
ZDF will have the right to appoint executive producers with full editorial and distribution rights across German speaking countries for Europe (excluding Italy and Turkey) UK, Ireland, South Africa and Latin America. France Televisions has broadcasting rights for France and French speaking territories.
"We at ZDF Enterprises are proud to be part of an enthusiastic team of experienced co-production partners who all have the same goal: creating programs that touch the hearts, minds and souls of worldwide audiences,” said ZDF Enterprises president and CEO Alexander Coridass. “The New Adventures of Peter Pan is yet another example of an historic model that is filled with new life using modern, breathtaking production technologies and innovative ideas from international partners working jointly together."
The New Adventures of Peter Pan is being produced at a global budget of approximately 10 million euros in high-end 3D stereoscopic CGI, and is anticipated to be broadcast by the beginning of 2012.
DQE has already signed De Agostini (Italy) and ATV (Turkey) as co-producers of the series for the project. While De Agostini, the leading Italian film, television and media conglomerate will hold exclusive Pay TV, video on demand and licensing and merchandising distribution rights for Italy and Italian speaking countries, broadcaster ATV will hold broadcast rights for Turkey.
