Digikore seeks a stake in 2D animation TV series

NEW DELHI: Pune-based 2D animation studio Digikore Studios Limited is on the lookout for acquiring an equity stake in 2D animated television series.

The studio, which earlier this year had entered into a co-production agreement with New Zealand's Gtoyz Management Co. for production of two projects - 2D animation television series and a 95-minute feature film, will sign a deal with local producers depending upon the pre-sales of the series and credibility of the production house.

"We are already in talks with some producers and are looking at investing in three to four projects starting in 2004 / 2005. Producer's history, potential of the project and pre-sales are the three most important factors. Based on these factors Digikore will decide whether to take up the complete cost of animation or a part of the animation," says Digikore Studios director-operations Abhishek More. The studio will also assist the co-producer in selling the particular series in the international markets.

Other than co-producing, Digikore is also offering interest free credit facilities for producers who want to work on a pure service basis. A part of the payment can be made before production begins and the balance after completion and delivery. "This is a great option for producers, since they do not lose out on precious equity in their project and also have a long credit facility at no interest cost," said More.

Digikore, which will get US$5 million for its work apart from 15 per cent commission of the television sales and 20 per cent of the theatrical revenue as per agreement with Gtoyz, is into in-house production apart from sub-contracting of work from other studios.

Apart from its project with Gtoyz, Digikore is currently working with a South Korean producer and a German Producer on television series and features.

"The project with South Korean producer is a long-term project, which has been on for last two years, and the project with German client is into its second month and we have deadline of 13 months," added More.

Latest Reads
Dsport acquires India rights of tri-nation tournament in SL

Discovery’s sports channel Dsport has acquired the exclusive India broadcast rights of Nidahas Trophy 2018, a tri-nation international T20 tournament involving India, Sri Lanka and Bangladesh. The transaction was facilitated by Lagardère Sports, the global marketing consultant of Sri Lanka Cricket...

Television TV Channels Sports
Pittie Group launches news portal

Pittie Group has launched LatestLY its new portal for trending stories across categories like world news, politics, sports, entertainment, lifestyle,technology, automobile etc. It is being developed as the go-to platform for anybody wanting a complete understanding of trending stories.

Television TV Channels News Broadcasting
Catch Rekha's stellar performance in 'Biwi Ho Toh Aisi' on Sony MAX2

MUMBAI: Rekha’s fans are in for a sweet surprise this week as India’s iconic Hindi movie channel from Sony Pictures Networks, Sony MAX2 is all set to air classic movie Biwi Ho Toh Aisi. A light-hearted family drama stars Bollywood legends Farooq Sheikh and Rekha in lead roles and marks the debut...

Television TV Channels GECs
The seasonal show saga on Indian GECs

MUMBAI: Daily soap operas, with an infinite number of episodes, is the unique feature of India’s TV entertainment offering. From the era of a single national broadcaster to today where you can pick from a plethora of general entertainment channels (GECs), times have surely changed. What is slowly...

Television TV Channels GECs
Star ushers in IPL's new era with a bang

Star India is all set to reinvent the Vivo Indian Premier League (IPL) 2018 by increasing fan-engagement levels and bringing the sporting spectacle even closer to cricket fans across the country. The broadcaster’s press conference in Delhi today started with Sophia, a robot, in conversation with...

Television TV Channels Sports
Zeel numbers up on higher ad revenue in third quarter

The Subhash Chandra led Indian television network Zee Entertainment Enterprises Limited reported 11.5 percent and 28.3 percent increase in consolidated total revenue and profit after tax (PAT) respectively for the quarter ended 31 December 2017 (Q3-18, quarter under review) as compared to the...

Television TV Channels GECs
Ramdev wants telecast fees waived off for devotional channels

Baba Ramdev today took a shot at the government for imposing high tax on telecasting devotional TV channels.

Television TV Channels People
Be privy to a traditional ode to eternal love and longing with 'Tum Bin 2' on Sony MAX

Sony MAX, the leading Hindi movies channel from Sony Pictures Networks will be whipping up romance this January as it brings the sequel of the 2001 hit movie, ‘Tum Bin 2’ on 19th January at 8pm.

Television TV Channels Movie Channels
IRAA Awards Now accepting nominations

In its 12th consecutive year, the Indian Recording Arts Academy Awards (IRAA) 2018 will be hosted alongside the PALM Expo 2018 at the Bombay Exhibition Centre. The awards will once again recognize exceptional skills in music, soundtrack recording and mixing in Indian music for albums and movies.

Television TV Channels GECs

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories