DreamWorks into India.
Thu 20th Dec 2007 | News
According to a 'Hollywood Reporter' story over the past couple days, Technicolor has invested in Paprikaas, a Bangalore-based animation company that services clients in features, TV, commercials and video games.
In fact, Paprikaas was recently relocated to Thomson's 100,000-square-foot digital content production facility in Bangalore. Thompson is the parent company of Technicolor and is clearly ramping up plans for extended production in the subcontinent.
DreamWorks' COO Ann Daly is reported to have said, "Our objective is to tap into and further develop the gifted talent base in India, with the potential to do the kind of feature-level work for which we are renowned worldwide."
Frank E. Dangeard, chairman and CEO of Technicolor parent Thomson, said: "We are committed to creating a center of animation excellence with DreamWorks in India. This strategic alliance is an important step for Thomson: animation represents a significant opportunity for us to expand our content services offering into the media and entertainment industries."
The agreement penned by the group signals that DreamWorks will assist Technicolor in the recruitment, training and development of animation talent for Paprikaas, with particular emphasis on created a dedicated team for DreamWorks projects for the next few years.Related links:DreamWorksHollywood Reporter story