ACK Media acquires Quietmen Studios
 
By MONEY SHARMA
(17 December 2007 06:25 pm)

Popular Children’s brand ACK Media which recently acquired Amar Chitra Katha and Tinkle magazine, is running in its top gear with its expansions and has recently acquired Bangalore based animation and gaming studio, Quietmen Studios.

After the acquisition, the studio will now be known as Katha Studios and will develop products using new and old properties which will be taken to various platforms including Theatrical, Broadcast, Online, Print and Mobile amongst others.

Speaking to AnimationXpress.com, ACK Media CEO Samir Patil shared, “We have acquired a creative studio with a strong creative team who will be closely involved in conceptualization, Visual Development and Art direction of our IPs. For further development of the content, we will look for tie-ups with animation production studios and gaming companies, as per our requirement.”

 
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ACK Media already owns several pre developed IPs via its acquisition of ACK and Tinkle including Shikari Shambhu, Kaliyaa the crow and Tantri - The Mantri, to name a few.

On being asked about the financial details and revenue expectations, Patil refused to comment and said, “It is not a very big deal but we want to keep our financial details confidential. We plan to take our content to the next level and intend to invest USD 15 – 20 million in the coming 2-3 years.”

Quietmen Studios was already engaged in developing animation and gaming content with a focus on the overseas market and has provided its creative services to leading International studios

 

 

 
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