By Staff writer
Agreement will see nine series created based on three subjects; ADMC to finance 50% of project
World TV Suisse, a subsidiary of Mondo TV, and Abu Dhabi Media Company have signed an agreement for the production of nine animated series over the next three years.
Each series will have 52 episodes of approximately 15 minutes each, a statement said.
The nine series will be based on three subjects, which are already a success in the UAE - called Majed, Ammouna and Casslan - and each subject will give rise to three series that will be developed jointly by the parties.
The parties agreed that the first series for each subject will be developed and produced in 2D, but that the sequel could be developed in 3D, with a total production budget of no less than $28 million, the statement added.
Abu Dhabi Media will contribute 50 percent of the production budget.
Matteo Corradi, CEO of Mondo TV, said: "We are honoured to partner with Abu Dhabi Media on this fantastic project. We will combine our experience and the great creativity and diffusion capacity of Abu Dhabi Media to confirm and even reinforce the success Majed, Ammouna Casslan and in the Arab world and bring them to be internationally renowned brands.
"It is the first such deal for our group and we look at a long-term relationship with Abu Dhabi Media."