DQ , PNC join hands for animation and live action movies
 
By AnimationXpress.com Team
(19 March 2008 04:00 pm)

Bollywood major Pritish Nandy Communications (PNC) and world's leading animation, game and film production company DQ Entertainment (DQE), have announced a co-production deal for six movies within a total budget of approximately $ 45-50 Mn.

These films will be developed in the span of next four-five years and the slate includes animation and live action as well. Each project will be separately announced once the global co-production budgets are closed.

Tapaas Chakravarti, Chairman and CEO of DQ Entertainment said, "We believe that Bollywood offers many exciting new opportunities and we are ready to seize them with the support of our new co-production partners here. The animation and gaming market in India is about to explode and this partnership will explore every new idea that exists or can be developed.

 
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“PNC is a creative company and a thought leader in the business of live action movies. We would like them to share our space and experience in animation and gaming and vice-versa, we would like to share their expertise in live action movies to our mutual creative and commercial advantage,” said Chakravarti.

These projects will be based on modern new age animation flicks, Indian mythology-based stories, some of which have already been conceived by PNC as well as remake of great Indian classics for today's audiences in an exciting new format to breath new life into them. The entertainment giants will also explore gaming extension for all the platforms along with taking the films to comic books.

"We have been discussing these initiatives for quite sometime and culmination of this understanding is based on not only sharing of ideologies but serious governance norms existing in both the companies. PNC's creative and commercial reach in Bollywood and global Indian diaspora combined with DQE's extensive global co-production and commercial networking, will prove good for creating great Indian content suitable for next-gen audiences in India and abroad" he added.

Pritish Nandy, Chairman of Pritish Nandy Communications Limited said, "DQE and PNC have unique sharing of minds and we believe that together we can do a whole new range of exciting things with creative and commercial opportunities. DQE is a world leader in the high-end animation and film content space and the range and quality of their work has deeply impressed us. We would now like to create some unique movies as well as movie-based games to capture young and new audiences in Bollywood as well as on the international platform and it is our pride to associate with DQE's extremely talented team of 3000 professionals across the globe."

 
 
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