DQE and B-Channel Announce Co-Production Agreements

DQE and B-Channel Announce Co-Production Agreements

HYDERABAD, India, November 1, 2010/PRNewswire-FirstCall/ -- DQE, the entertainment production and distribution company,
today announces the signing of two equity and distribution co-production
agreements for The Jungle Book, a 3D TV series and The New Adventures of
Peter Pan a 3D stereoscopic TV series with PT Metropolitan Televisindo
("B-Channel"), Indonesia.

DQE concluded both the contracts with B Channel, during the
recent visit of DQE Chairman and CEO Tapaas Chakravarti to Jakarta,
Indonesia. B Channel confirmed participation as a equity and distribution co
producer for the first season of 'The Jungle Book' TV series, which is in
production now, as well as 'The New Adventures of Peter Pan'. Under the terms
of the agreement B channel will contribute towards the global budget of Euro
9.20 Million for the 52 X 11' TV series of The Jungle Book, as well as
towards the global budget of Euro 10 Million for 26 X 22' Minutes 3D
stereoscopic TV series The New Adventures of Peter Pan.

Sofia Koswara , B CHANNEL CEO, Tapaas Chakravarti CEO & Chairman DQE and
Mr. Manoj Mishra Sr. Vice President Licensing & Distribution DQE

B Channel has been granted the rights for Free TV/ Free VOD/
IPTV & Home Video Distribution Rights for the region of Indonesia. They will
further be entitled to a royalty against DQE's distribution revenues for
their equity participation.

During the Mipcom Festival in Cannes on 3 October 2010, Peter
Pan was successfully launched by DQE (see www.dqentertainment.com) alongside
co-production equity and editorial partnership with ZDF Group, Germany and
Method Animation, France supported by France Televisions, De Agostini Group,
Italy and ATV, Turkey.

Sofia Koswara , B CHANNEL CEO and Tapaas Chakravarti Chairman & CEO, DQE
exchanging the contracts

The first broadcast of The Jungle Book on TF1 in France
occurred on 24th October and has received good ratings. The Jungle Book has
already been sold in multiple countries around the world for broadcasting,
licensing and distribution and is co-produced by DQE with international
partners including TF1 and Moonscoop, France, ZDF Group, Germany. Rights to
broadcast the series have also been acquired by ABC Australia, Noga TV
Israel, Disney-Asia, Tele Quebec - Canada, BBC-UK and JCCTV-Middle East,
TVO-Canada, Thai PBS, TV-12 Singapore, while Home Video rights have been
acquired by NBC Universal, TIGA (Thailand) and Play Records (Israel) , as
well as several other licensees for worldwide merchandising.

B CHANNEL is the fastest growing TV network in Indonesia with
a plan to broadcast in 46 cities spanning 33 provinces. B CHANNEL provides
broadcast coverage to a country population of 232 million and serves to
inspire viewers through top quality programming and wholesome family
entertainment .

Tapaas Chakravarti, CEO & Chairman DQE commented:

"Our strategy of producing and distributing iconic content has received
further validation and financial backing through B-Channel's commitment to
both The Jungle Book and Peter Pan. The Indonesian market is one of the
fastest growing consumers of animated content and merchandising in the ASEAN
region and B-channel's reach is unparalleled."

Sofia Koswara , B CHANNEL CEO commented:

"B CHANNEL is delighted and honoured to be given the opportunity to
partner with DQ Entertainment. This partnership will allow B-Channel to
develop the Jungle Book and Peter Pan franchises in Indonesia, one of the
world's largest and growing emerging markets. The values of family,
friendship, loyalty, forgiveness, unity in diversity espoused by these
properties holds true to the values that B-Channel embraces. It is our
privilege to be given the opportunity to inspire millions of children through
the incredible work by DQ Entertainment's Jungle Book and Peter Pan."

About DQE:

DQE is one of the leading producers of animation, visual
effects, game art and live action entertainment content for the global media
and entertainment industry. DQE's production in hi-end 3D, 'The Jungle Book'
is in production as a 52 episode animated series and a 60 minute TV feature
in co-production with international majors including TF1 and Moonscoop,
France, ZDF Group, Germany and is to be released worldwide in 2010.

Toomai-The Elephant Boy is a live action TV series which is
currently being developed in co-operation with international broadcasters,
while several Indian IPs like Mysteries & Feluda, Omkar, Balkand I, II and
III with international broadcasters have had a successful run.

DQE has also announced the development of a series of animated
short films for television in collaboration with French production companies
Method Animation and MK2. DQE, Method Animation and MK2 announced the
production and worldwide distribution and exploitation of an animated version
of 104 six-minute episodes inspired by the legendary film icon Charlie
Chaplin's Hollywood films. DQE is also producing a 3D animated stereoscopic
feature film "The Prodigies" for Onyx Films and Fidelite Films, France.

DQE has received recognition and awards at several national
and international forums fostering creativity and excellence. Recent
recognitions include the Ernst & Young, Entrepreneur of the Year - 2009 India
Awards, The UK Broadcast Awards 2010, Sichuan TV Festival International "Gold
Panda" Awards, The Emmy Award, administered by the National Academy of
Television Arts & Sciences for Tutenstein TV series co-produced by DQE and
several others.

DQE's production facilities are based in Hyderabad and Kolkata
and it has international sales representatives in Los Angeles, Paris and
Tokyo. With a workforce of approximately 3,500 permanent employees, DQE has a
global client-partner base of over 90 producers, distributors, broadcasters
and licensors including Walt Disney Group, Universal Pictures, Nickelodeon
Animation Studios Inc., Electronic Arts, Marvel Comics, American Greetings,
BBC Group, M6/France TV Group/TF-1 - leading broadcasting and distribution
groups from France, ZDF TV and ZDF Enterprises - leading broadcasting and
global distributors from Germany, ABC Australia, Al Jazeera - Arabic nations,
Disney Channels - Asia, Cartoon Network Group and many more worldwide.

Further Information:

DQ Entertainment International

Sumedha Saraogi
sumedha@dqentertainment.com

P R Vishnu
Vishnu@dqentertainment.com

Tel: +91-40-2355-3726/27

Source: DQ Entertainment International (DQE)

Further Information: DQ Entertainment International, Sumedha Saraogi, sumedha@dqentertainment.com; P R Vishnu, Vishnu@dqentertainment.com, Tel: +91-40-2355-3726/27

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