You will be redirected back to your article in seconds

Indian Cartoon Firm DQ Targets Hollywood VFX Market

'Jungle Book,' 'NFL' head into new seasons, 'Lassie' to be co-produced with DreamWorks

HONG KONG – India’s animation leader DQ Entertainment says it will become involved in providing special effects for Hollywood movies in the coming year.

The goal was revealed by the company as it announced an increase in profits for the 2013-14 financial year to end of March.

Profits after tax rose by 12% to INR429 million ($7.14 million) as revenues grew by 5% to INR2.40 billion ($39.3 million).

The company, which acts as an animation sub-contractor, co-producer and increasingly as IP developer, said that has grown recently by focusing on its TV content production and distribution business and by expanding more into new media. It says that further growth will come as digital platforms such as Netflix, Hulu, Vudu, Amazon and YouTube license more content.

It recently completed production of series including “NFL2” (Rollman Entertainment for Nick Toons), “Peter Pan Season 1” (with France’s Method Animation) and “The Jungle Book Season 2” (with Germany’s ZDF, and France’s TF1 and Moonscoop). Upcoming productions include “Manav,” a TV movie with Disney India and “Lassie & Friends,” a series being co-produced with DreamWorks Classics.

The company is well placed to expand into the Hollywood digital effects sector. For the year just completed it saw 21% of revenues come from North America, but its forward order book sees that growing to some 52%.

More Biz

  • David Blaine Rape

    David Blaine Accused of Rape by Former Model

    HONG KONG – India’s animation leader DQ Entertainment says it will become involved in providing special effects for Hollywood movies in the coming year. The goal was revealed by the company as it announced an increase in profits for the 2013-14 financial year to end of March. Profits after tax rose by 12% to INR429 […]

  • Harvey Weinstein Quentin Tarantino

    Quentin Tarantino on Harvey Weinstein: 'I Knew Enough to Do More Than I Did'

    HONG KONG – India’s animation leader DQ Entertainment says it will become involved in providing special effects for Hollywood movies in the coming year. The goal was revealed by the company as it announced an increase in profits for the 2013-14 financial year to end of March. Profits after tax rose by 12% to INR429 […]

  • Harvey Weinstein

    LAPD Investigating Rape Claim Against Harvey Weinstein

    HONG KONG – India’s animation leader DQ Entertainment says it will become involved in providing special effects for Hollywood movies in the coming year. The goal was revealed by the company as it announced an increase in profits for the 2013-14 financial year to end of March. Profits after tax rose by 12% to INR429 […]

  • Shia LaBeouf Toronto Film Festival

    Shia LaBeouf Found Guilty on Count of Obstruction in July Arrest

    HONG KONG – India’s animation leader DQ Entertainment says it will become involved in providing special effects for Hollywood movies in the coming year. The goal was revealed by the company as it announced an increase in profits for the 2013-14 financial year to end of March. Profits after tax rose by 12% to INR429 […]

  • Scrips Discovery Partnership

    A Merger Between Scripps and Discovery Could Be a Smart Fit

    HONG KONG – India’s animation leader DQ Entertainment says it will become involved in providing special effects for Hollywood movies in the coming year. The goal was revealed by the company as it announced an increase in profits for the 2013-14 financial year to end of March. Profits after tax rose by 12% to INR429 […]

More From Our Brands

Access exclusive content