DQ Entertainment PLC Viacom18 Licence Deal (7623S)
26 September 2014 - 3:26PM
UK Regulatory
TIDMDQE
RNS Number : 7623S
DQ Entertainment PLC
26 September 2014
For immediate release 26 September 2014
DQ Entertainment plc
Viacom18 inks deal with DQ Entertainment plc to launch
exclusive
Jungle Book Merchandise in India
Merchandise range to include Jungle Book themed apparel, toys,
books and much more
Viacom18 Consumer Products division is all set to bring all the
jungle fun associated with the iconic Mowgli, Bagheera, Balloo and
Sher Khan as it inks an exclusive deal to represent the rights as a
master licensee to launch merchandise for DQ Entertainment's Jungle
Book in India. This would be Viacom18's second deal into
representing brands outside the Viacom portfolio. Viacom18 plans to
roll out products by the end of the year. The show currently airs
on Nickelodeon.
The Jungle Book, penned by Rudyard Kipling is a children's
classic that has captured the imagination of millions of children
across the world over the years. The lovable central character,
Mowgli has been a mainstay of many a childhood story telling
session for his fun filled antics involving his animal friends
Bagheera and Balloo and his nemesis Sher Khan. A story of
friendship and the victory of good over evil, The Jungle Book will
always remain a favourite with generations to come. The exclusive
Jungle Book merchandise will cover a whole range of products from
apparel to accessories and from toys to books. To be promoted
through Viacom18's distribution network, the products will be
available across all leading kids and toy stores, both across malls
and standalone stores.
Speaking about the exclusive deal, Saugato Bhowmik, Head -
Consumer Products, Viacom18 said, "The Jungle Book is a great
franchise with characters that are familiar, iconic and loved by
children across the world. DQ Entertainment's Jungle Book presents
the characters in a fun and livelier manner which make the products
more endearing and attractive to the consumers. We're sure our
consumers will appreciate the merchandise for both its look and the
quality."
Tapaas Chakravarti, CEO of DQ Entertainment said, "Our
partnership with Viacom18's Consumer Products division adds to the
list of best-in-class partners that The Jungle Book has attracted
globally. The Jungle Book has successfully managed to increase its
market for the fourth consecutive year with Broadcast in more than
165 countries and over 300 product categories ranging from Books,
Apparels, Toys, Plush, Bags, Stationery and many others. We are
sure children will love the merchandise of their favorite Jungle
characters, brought to them by Viacom18."
Viacom 18 introduced the Consumer Products division a few years
ago and today it has gone up notches in both kid and non-kid
categories. Particularly for the kids' franchise, the company has
significantly added to its presence in this domain in the past two
years with the success of its channels which offer entertainment
from tots to teens.
For further information, please contact:
DQ Entertainment plc Tel: +91 40 235 53726
Tapaas Chakravarti - Chairman and CEO
Rashida Adenwala - Director Finance & Investor
Relations
Allenby Capital Limited Tel: +44(0) 20 3328
Jeremy Porter / Alex Price 5656
Buchanan Communications Tel: +44 (0)20 7466
Mark Edwards/Clare Akhurst 5000
www.buchanan.uk.com
This information is provided by RNS
The company news service from the London Stock Exchange
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