Tuesday, February 26, 2008

Dreams to invest Rs 36 crore in 3 animation films

Hyderabad based animation film production company, Deepak Raj Entertainment and Multimedia Solutions (Dreams), is set to invest around Rs 36 crore to make three animation films.

Dreams is in talks with HSBC to part fund these projects. The investment in each film will be around Rs 12 crore. The company's first 2D&3D film 'Kutti Chetan and Friends' will be in six languages and is expected to be released by this year-end according to DREAMS Managing director and CEO Deepak Jadav.

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