Digital Domain Media Group and Beijing Galloping sign China distribution and co-production agreement for The Legend of Tembo

12 April 2012 23 h 35 min Comments Off

Co-production to be Featured at Beijing Film Festival on April 25th

Digital Domain Media Group (NYSE: DDMG – News), a leading digital production company focused on visual effects, original content animation and major studio co-productions, has signed Beijing Galloping Horse Film Co., Ltd. as a co-producer and distributor of The Legend of Tembo, the first family-friendly animated feature film from Digital Domain Media Group’s Tradition Studios.

Galloping Horse, a leading company in the film and TV industry in China, will also market and distribute throughout the People’s Republic of China.

“We are pleased to announce an expansion of our relationship with the people at Galloping Horse as we reach this important milestone in the production of The Legend of Tembo,” said John Textor, chairman and CEO of Digital Domain Media Group. “Consumer demand in China for family focused, feature animation films is surely robust and we are thrilled to have Tembo validated in this market by a strong regional partner that is willing to invest so heavily in its outcome.”

About Beijing Galloping Horse Film Co., Ltd.
Beijing Galloping Horse Film Co., Ltd. is a leading company in the film and TV industry in China. With nearly 20 years of industry experience, Galloping Horse is actively engaged in film and television financing, production, distribution, as well as advertising and magazine publishing. Recently, it has added cinema construction, new media and animated content production, as well as talent management into its growing business portfolio. Galloping Horse has earned itself a high reputation in the Chinese media industry by producing contents that are both critically acclaimed and commercially successful. The company has signed exclusive deals with some of the most prominent producers, directors and writers in China, including John Woo (first look), Zhang Yibai, Ning Hao, Liu Heng, Lu Wei, etc. This strategy gives Galloping Horse a competitive advantage over other players.

About Digital Domain Media Group
Digital Domain Media Group (DDMG: NYSE) leverages its expertise in digital visual effects (VFX) and computer-generated (CG) animation across a group of interrelated businesses. At its foundation is Digital Domain Productions (DDPI), an award-winning digital production company founded in 1993. This leading provider of visuals has contributed to more than 90 major motion pictures, including Titanic, the Transformers series, Real Steel and TRON: Legacy, as well hundreds of commercials. DDPI also converts two-dimensional (2D) imagery to three-dimensional (3D) imagery and holds key patents in this area. Mothership, a DDPI subsidiary, focuses on creating advertising, entertainment and branded content from concept to completion, across multiple media platforms. DDMG, its work and its employees have been recognized with numerous awards, including seven from the Academy of Motion Picture Arts and Sciences. The company is building on its success in VFX to participate as a co-producer in major studio productions and is currently in production on the upcoming live-action sci-fi feature film Ender’s Game. DDMG is also applying its CG expertise to produce original, family-friendly animated feature films at its subsidiary Tradition Studios. The first movie, The Legend of Tembo, is in pre-production and two more features are in development. The company’s education subsidiary, the Digital Domain Institute, sets a new standard in digital media education through a pioneering public-private partnership with The Florida State University College of Motion Picture Arts. DDMG is expanding its worldwide footprint of the highest quality visual effects and animation at the lowest possible cost through global partnerships in India and China. The company has studios in Los Angeles, San Francisco, Florida, Vancouver, Mumbai and London, and is currently establishing a studio in Beijing.

Source: Digital Domain Media Group (11/04/2012)

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