×
You will be redirected back to your article in seconds

DIC Ent. formed for kids TV fare

CapCities/ABC Video Enterprises and DIC Animation City have confirmed a long-discussed joint venture to form a new entity, DIC Entertainment LP, to produce live-action and animated children’s programming.

The deal will provide the network unit product to distribute in the international market, in conjunction with DIC’s overseas sales operation.

The Burbank-based animation company, which produces such upcoming Saturday-morning shows as ABC’s “Sonic the Hedgehog,” CBS’ “Dennis the Menace” and the Fox Children’s Network’s “Where in the World Is Carmen Sandiego?” will continue to operate separately from the new company, which will also be headed by DIC prez Andy Heyward.

Heyward exec producer

Heyward will exec produce all programs and act as general partner, with CapCities as a limited partner. It was unclear whether any of the aforementioned shows or only future product would fall under the CapCities deal, and DIC officials declined comment beyond the announcement.

DIC had vigorously denied earlier reports that the company was being sold to CapCities/ABC.

The company was apparently reluctant to acknowledge the deal when word first leaked out, fearing the news would hamper efforts to sell programs to ABC’s competitors. DIC reportedly has been in talks with various parties over the past two years regarding an outright sale of the company, including CapCities and Polygram.

In addition to the DIC arrangement giving CapCities a line into the children’s area, CapCities/ABC Video Enterprises — through its ABC Distribution Co. unit — also distributes programs from ABC Prods., documentary supplier ABC/Kane Intl. and New York-based Ultra Entertainment. The company also holds equity interests in three European production outfits: Germany’s Tele-Munchen, France’s Hamster Prods. and Tesauro S.A. of Spain.

DIC operated under a heavy debt load before retiring a significant portion of that burden with the company’s principal lender, Prudential Insurance Co. of America, in April 1992. The CapCities/ABC deal gives DIC a deep-pocketed partner intent on producing and owning shows of value to the world market.

More TV

  • TV News Roundup: HBO Releases 'The

    TV News Roundup: HBO Drops Trailer for 'The Case Against Adnan Syed' (Watch)

    In today’s TV news roundup, HBO released the first official trailer for its upcoming docu-series “The Case Against Adnan Syed,” and Freeform announced three new cast members for its upcoming comedy series “Besties,” starring Jordin Sparks. DATES Netflix’s upcoming docu-series “Formula 1: Drive to Survive” is set to premiere March 8 on the streaming platform. [...]

  • Rory O'Malley A Legacy of Changing

    NBC Pilot 'Like Magic' Adds 'Hamilton's' Rory O'Malley

    Rory O’Malley, best known for his turn as King George in the Broadway run of “Hamilton” as well as the show’s first national tour, has been cast in the upcoming NBC single-camera comedy pilot “Like Magic.” He will play Michael V., the quieter partner in a two-man magic team with a character named Michael B. [...]

  • Zach Woods

    'Silicon Valley' Star Zach Woods Joins HBO Comedy Pilot 'Avenue 5'

    Zach Woods is staying in the HBO fold. The actor, who currently stars in the HBO comedy series “Silicon Valley,” has been cast in the comedy pilot “Avenue 5” currently in the works at the premium cabler. The project is described as a comedy set in the future, mostly in space. Woods will play Matt [...]

  • Jussie Smollett suspect

    Jussie Smollett Named a Suspect by Chicago Police for Filing False Report

    Chicago police have named “Empire” actor Jussie Smollett as a suspect in a criminal investigation, three weeks after he reported he was the victim of a hate crime. Detectives are presenting evidence to a grand jury, which is expected to determine whether to indict Smollett on a charge of filing a false police report. “Jussie [...]

  • Dua Lipa, Calvin Harris, the 1975

    Dua Lipa, Calvin Harris, the 1975 Win Big at Brit Awards

    Dua Lipa, Calvin Harris and the 1975 were big winners at Wednesday night’s Brit Awards, taking home the Best British Single (for Harris and Lipa’s “One Kiss”), Album of the Year (for The 1975’s “Brief Inquiry Into Online Relationships”) as well as Best British Group (the 1975). While the show, livestreamed from London’s O2 Arena, [...]

  • SAG-AFTRA, Ad Industry Launching Contract Negotiations

    SAG-AFTRA, Ad Industry Quietly Launch Contract Negotiations

    SAG-AFTRA and the advertising industry are quietly launching commercial contract talks on Wednesday, six weeks before the current master contract expires on March 31. Both sides have declined to comment on the talks, which will take place in New York City, and have already agreed to a news blackout until there’s a deal in place. [...]

More From Our Brands

Access exclusive content