IDT Ent. announced it has signed a two-year, multi-picture distribution deal with Twentieth Century Fox. Under terms of the agreement, Twentieth Century Fox will distribute CG animated theatrical releases produced by IDT Ent.
"IDT Ent. has taken an important step towards its goal of producing and arranging distribution for its quality feature films," said Jim Courter, IDT's ceo. "Just as IDT's unique blend of excellence and efficiency caused a revolution in the telecommunications industry, IDT Ent.'s combination of high-quality animation and streamlined production is bringing innovation to the creation of computer-generated films."
Fox Filmed Ent. co-chairman Jim Gianopulos added, "We are impressed with IDT Ent.'s commitment to building a strong production team. Fox Home Ent. had already established a relationship with IDT Ent.'s Anchor Bay Ent., and we are pleased to build on that via this new theatrical distribution deal with IDT Ent."
Fox Filmed Ent. co-chairman Tom Rothman said, "IDT Ent. is devoting significant resources to producing animated feature films, and we look forward to working with them to bring those pictures to the marketplace."
"I am proud of the talented creative and management teams that we have assembled," said Morris Berger, ceo of IDT Ent. "With our creative development and computer generated production capacity, as well as our financial strength, we are well positioned to become an important provider of animated feature films, and we look forward to working with Fox."
IDT Ent., a subsidiary of international telecom, entertainment, and technology company IDT Corp., is a vertically integrated entertainment business that develops, produces and distributes proprietary and licensed entertainment content. IDT Ent.s subsidiaries include animation studios DPS Film Roman, Mainframe Ent. and DKP Studios; distribution companies Anchor Bay Ent., Manga Ent. and IDT Ent. Sales (IDTeS), and production company New Arc Ent.