The estimated cost of the production of these animation and live action movies is over $100 million (Rs 400 crore).
Both the companies expect to release at least on TV series or a film each year of the agreement, which runs through 2012. One or more of the co-productions will also potentially feature Indian mythology and characters, which are becoming increasingly popular with audiences worldwide.
Furthermore, the companies will focus on new media business development, following in the footsteps of MoonScoop's successful launches of the kid-oriented VOD and Broadband channels Kabillion in the US and Taffy Kids in Europe.
"Moonscoop and DQE have been associated together in the past for production of