Israeli Home-Entertainment Deal for The Jungle Book

HYDERABAD: DQ Entertainment has signed a home-video distribution deal for The Jungle Book with Play Records Marketing & Distribution of Israel.

Play Records has picked up the home-video rights for the 52×11-minute series in Israel for three years. DQE will receive a minimum guarantee as upfront payment for the license. DQE will also be entitled to a royalty on future sales during the license period.

Tapaas Chakravarti, the chairman and CEO of DQE, commented, “Play Records are leaders in home video distribution market in Israel and it is only logical for us to associate with them for an iconic and classic property like The Jungle Book. This deal falls perfectly in line with our global plans and is strategically very important for us since it will pave the way for more revenue opportunities in this region. We believe that this is the beginning of a long-lasting and mutually beneficial collaboration with Play Records.”