DQ Entertainment, the Global entertainment production and distribution company today announced the signing of a new agreement with ZDF Enterprises (ZDFE), Headquartered in Mainz, Germany, for a new 3D Stereoscopic HD TV series named "5 & IT" as part of a packaged Multi Million Euro deal signed in Hyderabad, India.
This is in line with ZDF Enterprises objective to develop, produce and distribute quality original programming and DQE‘s objective to bring classical and iconic properties to life.
"5 & IT" is a series of fantasy adventures for children aged 6 to 10 and is based on the famous book by Edith Nesbit written in the early part of the last century. The story has already successfully appeared in live action cinema and TV in Europe.
As per the agreement ZDFE will act as Distributor for the TV series of "5 & IT" being produced at a global budget of 9.2 Million Euros. ZDFE will hold the distribution rights in 64 countries including Western and Eastern Europe (excluding French speaking Europe, U.K. and Ireland) South Africa and Latin America. DQE is presently in discussion with leading broadcasters worldwide for TV broadcast and expects to conclude soon.
"5 & IT" follows the adventures and escapades of five children after they unearth and befriend a bizarre little sand fairy, a Psammead - The ‘IT‘ by their Uncle‘s beachfront mansion. The Psammead is an ancient, ugly and irritable sand fairy the children find in a gravel pit. It grants them a wish a day, lasting until sunset. But they soon learn it is very hard to think of really sensible wishes and each one gets them into unexpected difficulties.
Tapaas Chakravarti, CEO & Chairman DQE said, "The production of "5 & IT" in 3D Stereoscopic animation has again proved DQE‘s capability in producing world class intellectual properties while expanding our business. We believe "5 & IT" will also go on to be a huge success like of our previous productions such as "The Jungle Book" and "Peter Pan" and will open various other revenue streams for exploitation. ZDFE and DQE have partnered in other international projects and this association has grown in strength with immense synergy between the partners. We hope to work with them in many other quality productions in the future."
Fred Burcksen, Vice President Sales, Merchandising and Co-productions, ZDF Enterprises stresses the synergy of the partnership between DQE and ZDF Enterprises saying, "Our cooperation with DQE on "The Jungle Book", "Peter Pan" and "Lassie" proves to be very effective. Being DQE‘s partner again in "5 & IT" is only a natural next step in evolving this partnership and in ensuring that quality children programming is being produced and successfully being brought to broad audiences worldwide."
