DQ Entertainment announces licensing deal with Walmart
AIM-listed animation and entertainment production company DQ Entertainment has unveiled a number of new licensing and merchandising deals concluded during the quarter ended March 2013.
AIM-listed animation and entertainment production company DQ Entertainment has unveiled a number of new licensing and merchandising deals concluded during the quarter ended March 2013.
In a quarterly operational update, the company said that the most significant of these was signed by DQ Entertainment's licensing agent in the USA, SMC Entertainment Group (SMC).
SMC, in collaboration with the home-video distribution licensee Phase4 Films, has secured the rights for the launch of The Jungle Book DVDs in all Walmart stores across the USA and Canada.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Other new licensing and merchandising agreements included Bendon Publishing for colouring, activity and story books in the USA and Canada, PlayWow International for inflatable toys and Rotomolded toys in the USA, South Africa and Australia and a promotional tie-up with Norton anti-virus software provider in the USA.
Tapaas Chakravarti, Chairman and Chief Executive Officer of DQ Entertainment, said: "We are successfully exploiting the Jungle Book franchise across multiple geographies and multiple product lines.
"Based on the success of our Jungle Book TV series - which is validated by the quality of partners it has attracted globally - we continue to exploit the revenue potential from licensing of our other properties such as 'Peter Pan', 'Robin Hood' and '5 and IT'."
DQ Entertainment's share price was down 2.67% to 18.25p at 12:50 on Thursday.
MF
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Why getting sick will cost you £500 a month in pension savings
More people could face a state pension shortfall as the healthy life expectancy age declines. Do you have £500 extra a month to cover your sick years?
-
How Labour could crack the UK's growth conundrum
Opinion Planning and state procurement are key to productivity, says David C. Stevenson