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Hyderabad, Feb. 28

Animation and gaming production company DQ Entertainment has acquired a 20 per cent stake in French content creation company Method Films SA. This acquisition is part of the DQE’s strategy to invest in co-production to obtain larger percentages of the global intellectual property and distribution rights in its productions. The deal terms were not disclosed. Method Films produces content for a number of international broadcasters such as Nickelodeon, BBC, ITV, France2 , France 3, and ABC Australia. It has co-produced with DQ Entertainment and rejuvenated international brands such as Iron Man in co-production with Marvel Entertainment & DQ Entertainment. Method Films generated €6.58 million revenues with net asset of €13.33 million.

— Our Bureau

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