New York City-based BKN New Media Inc. has outsourced animation production of two 26-episode 3D series, KONG THE NEXT GENERATION and another yet to be titled series to UTV Toonz in a $10 million deal.
UTV Toonz has also obtrained distribution, licensing & merchandising rights to some of BKNs animated series, including LEGEND OF THE DRAGON, ROSWELL CONSPIRACIES, STARLA & THE JEWEL RIDERS, SKIPPER & SKEETO and ALI BABA FORTY THIEVES.
Some of these will be featured on UTVs Kids channel, Hungama TV.
We aim to, in a year, have the largest order book for an animation company in India and our deal with BKN is one step further in that direction, Ronnie Screwvala, ceo of UTV. In animation, we market UTV, as well as India, as a destination and we believe there is a tremendous scope for our growth in this segment.
Allen J. Bohbot, ceo of BKN Intl said, BKN has made KING KONG a major centerpiece of our companys expansive original animation slate and we look forward to embarking on the production of KONG THE NEXT GENERATION SERIES and KONG II RETURN TO THE JUNGLE feature film with UTV, one of Indias and the industrys largest and most prolific 3D studios.
Animation last year represented less than one percent of our revenues & we see that growing to five percent in the future and all of this will be global business, concluded Screwvala.
Incorporated in 1990, UTV (www.utvnet.com) has today emerged as one of Indias leading integrated media and entertainment companies. From a Television Production house, it has grown into an integrated media house with interests in television content and air-time sales, movie production and distribution, and broadcasting through its group company United Home Ent., which recently launched Hungama TV.
