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Toonz draws partner pact

Indian animation company joins with Liberation

India’s Toonz Animation and Liberation Entertainment have inked a partnership agreement that extends worldwide distribution rights for the animation company.

Liberation will be the exclusive distribution arm of Toonz productions including season two of “Wolverine,” “The X-Men,” co-produced with Marvel, and the original “Speed Racer Classic” series. According to the deal, rights of the Toonz series are worth a combined $50 million.

Liberation will distribute across theatrical, TV, digital and DVD platforms.

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