| Mondo TV is a leader in Europe for the creation, realization
and distribution of cartoons for TV and cinema. In all, three memorandum
of understanding (MoUs) for the co-production and commercial exploitation
of four new animated TV series and licensing of 1,000 Mondo TV’s library
episodes have been signed.
Co-production of 104 half-hour episodes costing $ 135,000 each
(total amount $ 14.04 million) is what the deal involves.
The details of the Padmalaya-Mondo alliance are expected to be
unveiled during the International Television Programme Market (MIPTV)
2004 at Cannes that is being held between 29 March and 2 April.
Mondo TV is listed on the Nuovo Mercato of the Italian Stock’s
Exchange, and is involved in the production and distribution of
cartoon series and full-length features for television and cinema,
as well as in several related sectors (audiovisual and musical distribution,
multimedia and merchandising).
|
