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Monday, August 24, 2009

DQ Entertainment PLC ("DQE") Signs Asian Broadcast Deal With Nick India for 'Casper'

DQ Entertainment PLC ("DQE") Signs Asian Broadcast Deal With Nick India for 'Casper'

HYDERABAD, India, August 24/PRNewswire-FirstCall/ -- DQE, (AIM: DQE) the AIM-listed animation, gaming and live action media
company today announced an exclusive broadcast deal with Viacom18 for the 3D
animated TV series Casper. The series will be broadcast on Viacom18's kids
channel Nick, from November 2009 across the entire South Asia. DQE along with
Classic media and Moonscoop have sold the series world wide and it is already
launched successfully on TF1 in France.

Casper is a co-production with Classic Media, USA and
MoonScoop Group, France and DQE holds Exclusive Audio-Visual distribution
rights for some Asian territories, under which the deal with Viacom18 (Nick)
has been signed. The series has been produced at a global budget of US$9.36
Million by DQE Group, Classic Media, USA, Moonscoop-France with TF1 France
and Cartoon Network. Even while the production was in the final stages, the
series generated tremendous interest for TV and Video Licensing Sales in the
Asian reserved territories of DQE. This deal will generate licensing income
for DQE besides the co-production revenues already accrued by the company.

Casper the cute, podgy ghost-child, who prefers making friends
with people instead of scaring, them is back again with his gang of ghost
friends trying rather unsuccessfully to haunt people. Casper has gone on to
become one of the most famous properties and the most lovable of ghosts
recognized by children worldwide. After a very successful live-action cum
animation feature and animated Home video, this iconic brand now debuts as a
high quality 3D Animated 52X11' action packed TV series world-wide.

Commenting on the deal, Tapaas Chakravarti, Chairman and CEO,
DQE said: "We have grown up reading and watching the escapades of this
friendly ghost and it is a privilege to now produce this series with Classic
Media and Moonscoop for generation-next. DQE is pleased to be involved in the
production of yet another iconic brand and we are grateful to Nickelodeon to
play host to this lovable and friendly ghost on their network in some very
important territories."

Anu Sikka, Associate Vice President - Programming and
Scheduling, Nick India, said, "DQ Entertainment International and Nickelodeon
Animation Studios have a long standing relationship as production partners.
We are happy to now extend the association with DQ Entertainment
International by acquiring this wonderful show for airing in the Indian
region. The launch of 'Casper' on Nick will further strengthen our existing
rich line up of compelling content. "

About DQE:

DQE is a leading animation, gaming and entertainment production and
global distribution group is engaged in production, co-production and
original IP development with over 3500 workforce and with a global client -
partner base of over 90 producers, distributors, broadcasters, licensors
including Walt Disney Television Animation, Nickelodeon Animation Studios
Inc., Electronic Arts, Marvel Comics, American Greetings, NBC-Universal,
BBC Group, M6/ France TV/ TF-1 Broadcasting groups from France, ZDF Germany
and many more world-wide.

DQ Entertainment Group true to its mandate to produce or co-produce and
distribute iconic global brands have completed Iron Man - the first 3D
animated TV series, Twisted Whiskers, Mikido, Casper, Pinky & Perky, second
season of Large Family, third season of Mickey Mouse Clubhouse and now is
producing large number of TV series and movies which includes famous iconic
properties like Little Prince, Little Nicolas with a library of over 300
hours of international programs being distributed successfully world-wide.

DQE is also developing & producing 'The Jungle Book', the 100% home-grown
global production as a 52-episode animated series and a 60' TV Feature. The
other major co-production partners are ZDF Enterprises and ZDF Broadcasting -
Germany, as well as broadcasting and licensing powerhouse TF1 Group and
Moonscoop from France.

DQE has a library of over 300 Hours of international animated programs in
its Licensing Division. DQE's international quality production facilities are
based in Hyderabad, Chennai, Mumbai, Kolkata and Manila and has International
Sales offices in LA, Paris and Tokyo.

About Viacom 18 Media Pvt. Ltd

Viacom 18 Media Pvt. Ltd. is a 50/50 joint venture operation
in India between Viacom Inc. (NYSE: VIA, VIA.B, the world's leading
entertainment content company, comprising brands like BET, MTV Networks and
Paramount Pictures) and the Network18 Group, (one of India's leading full
play media conglomerates with interests in television, internet, filmed
entertainment, mobile content & allied businesses, comprising brands like
CNBC TV18, CNBC Awaaz, Newswire18, moneycontrol.com, CNN-IBN, IBN 7,
Homeshop18 and E18 amongst others). The joint venture includes leading brands
across television, film and digital media to build one of India's leading
multimedia entertainment powerhouse. Viacom 18 Media Pvt. Ltd. includes the
vibrant youth brand MTV, the fastest growing kids channel Nick, India's only
International Music & Lifestyle channel Vh1, Studio18, a new-age motion
picture brand that produces, acquires and distributes Hindi films and also
launched the Hindi General Entertainment channel - COLORS. This apart,
Viacom18 also runs Viacom's consumer products business in India. Viacom18
brings together the unique strengths of two formidable partners, thus forming
an entertainment conglomerate that will have a competitive advantage in
serving the needs of both viewers and advertisers. For more information on
Viacom18, Viacom or Network18, log on to http://www.viacom18.com,
http://www.viacom.com and http://www.network18online.com respectively.


Media Contact
DQ Entertainment Limited
Sumedha Saraogi
+91-40-2355-3726/27 or
sumedha@dqentertainment.com

Source: DQ Entertainment International

Media Contact: DQ Entertainment Limited, Sumedha Saraogi , +91-40-2355-3726/27 or sumedha@dqentertainment.com


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