ITV

Tag: Method Animation

  • DQE & Method Animation to co-produce CGI TV series ‘5 & It’

    DQE & Method Animation to co-produce CGI TV series ‘5 & It’

    MUMBAI: DQ Entertainment and Method Animation have joined hands to co-produce the CGI TV series 5 & It, which is a modern adaption of Edith Nesbit’s popular book Five Children & It.

     

    The project is being co-produced with Disney Channel Germany and supported by Noga, Israel. Disney Channel France has pre-acquired the show.

     

    The 52 episode CGI TV series has received wide ranging interest from broadcasters and licensing agents globally, and will be available for broadcast on channels across the world by mid-2017.

     

    The series follows the adventures and escapades of five children after they befriend a sand fairy at their uncle’s beachfront mansion. The sand fairy, Psammead, offers to grant them one wish each day.

     

    The Walt Disney Company GSA Disney Channels executive programming director & deputy general manager Rolf Gerhardt said, “We are very pleased to co-produce the new animated series 5 & It together with DQE and to deliver creative input. The new series will fit perfectly in the Disney Channel lineup for a young audience and is in line with Disney’s rich heritage of creative storytelling, with a new look, and great animation. Our main-character, Psammead, steals the show as a sand fairy with an attitude, and we are certain that audiences will Jove him.”

     

    Method Animation CEO Aton Soumache added, “We are very proud to enter this new adventure with our historical partner DQ, After Robin Hood and Peter Pan, Method Animation is enchanted to revisit another great classic. 5 & It will definitely be thanks to the work of our two companies. A new evergreen property that all kids can wish for.”

     

    DQE CEO Tapaas Chakravati said, “This 52 episode CGI series will be a fun roller coaster of adventures as the children learn to deal with the consequences of their often irrational wishes. It will have the right mix of sly humour, crazy adventures and fast paced action to entertain young audiences. We are confident that our co-production partners Method Animation and Disney Channel Germany, as well as Disney Channel France will work together to create a beautiful TV series that will entertain our young audiences globally.”

  • DQ Entertainment’s Method Animation gets much needed nudge

    DQ Entertainment’s Method Animation gets much needed nudge

    MUMBAI: DQ Entertainment (DQE), a leading animation, gaming, live action, entertainment production and distribution group, has announced the reorganisation of its French sister company Method Animation, in which it holds a 20 per cent equity stake. Method Animation has collaborated with Onyx Films and Chapter 2 to create ‘On Entertainment Group’ which will be the holding company for the three French subsidiary companies.

     

    With the combined portfolio that includes a huge library of titles and group revenues, the enlarged French group automatically climbs the pedestal to become one of the leading animation and film production companies in Europe. The new On Entertainment group has revenue of €34 million and an operating profit of €5.2 million. DQ Entertainment pictures will continue to hold a 20 per cent stake in Method Animation.

     

    On Entertainment is aiming to grow rapidly over the next five years for which it has even raised its investment. It will provide increased liquidity to the group and fund future productions through a fundraising of €10 million from Ohana Capital, a Canadian corporate investment fund, Gallic entrepreneur Laurent Dassault’s holding company LDRP, and AB Group, one of France’s biggest rights-brokers and the owner of 14 pay-TV channels. AB will provide minimum guarantees in future shows/TV Series, while Ohana Capital has expertise in licensing and merchandising.

     

    “The group intends to create two films per year with significant budgets that are intended for worldwide distribution,” said Chapter 2 CEO Dimitri Rassam. Method Animation CEO Aton Soumache said, “We are working on creating a catalogue of characters that can be monetised in various markets.”

     

    DQ Entertainment CEO Tapaas Charkravarti, commented: “We look forward to partnering with On entertainment on new  productions, combining the unique strengths and resources that the two groups represent.”

     

    On Entertainment’s projects for 2014 and 2015 include the feature film Paradise Lost based on the life of Pablo Escobar with Benicia DelToro and Josh Hutcherson starring in the €20 million budget film; Le Petit Prince, an animated feature film at a budget of €57 million euros has already been closed. It is directed by Mark Osborne and slated for a Global release in second half of 2015.

     

    DQ Entertainment and Method Animation have together undertaken several productions such as Le Petit Prince, Peter Pan, Prodigies, Charlie Chaplin, Le Petit Nicolas, Iron Man (a flagship series of Marvel characters) and several others at a combined production budget of about €90 million. At the same time, Robin Hood Season-1, Second season of The New Adventures of Peter Pan, English-language live­ action/animation hybrid TV Series of The Seven Dwarfs and Me, and several other famous brands are in the development.