Moving Picture signs orders worth Rs 260 mn

MUMBAI: Moving Picture Company India Ltd has informed BSE that it has signed orders worth Rs 260 million.

The company has entered into an agreement with Distant Horizon Ltd and First Take Ltd for the production and international distribution of a feature documentary on Daniel Pearl, the American journalist, who was abducted and killed in Pakistan.

The principal shooting of the film is already complete, it is now under post production in London, UK to be finished in time for the Toronto Film Festival in September 2005.

This tie-up will ensure royalty income to the Company in perpetuity from International theatrical release, as well as TV and DVD sales worldwide, the company informed BSE.

The exclusive terrestrial rights in Hindi and all Indian regional languages of the Company's 10- part 3D animated show Jungle Tales - based on the Panchtantra tales have been acquired by Doordarshan. This is the first original 3D animation show produced by an Indian company which will be telecast on Doordarshan.

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