DQE Firms Up Agreements with B-Channel

HYDERABAD: DQ Entertainment and PT Metropolitan Televisindo (B-Channel) of Indonesia have signed co-production and distribution agreements on The Jungle Book and The New Adventures of Peter Pan.

B-Channel now holds the rights for free TV, free VOD, IPTV and home-video distribution in Indonesia for both series. B-Channel will serve as an equity and distribution co-producer for the first season of The Jungle Book, which has a global budget of 9.2 million euros, and The New Adventures of Peter Pan, with a global budget of 10 million euros.

Tapaas Chakravarti, CEO and chairman of 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’s CEO, added: "B-Channel is delighted and honored 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."