India,30th Oct , 2008
Technopark based Toonz Animation India Pvt Ltd and Chandamama India Limited has
decided to join hands in producing a full-length animated feature film based
on a prime property from the library of Chandamama. Toonz will undertake the
entire production based in its state-of-the-art studio in Technopark and will
finance 100% of the production cost. The estimated budget of the film is pegged
at around 20 Crores.
Chandamama stories still linger in the minds of generations. The beauty of
these stories lies in their simplicity and the socio cultural values they try
to communicate. The animated film will be a perfect platform to provide today/'s
youth both engaging and educative entertainment, quipped P.Jayakumar, CEO
of Toonz Animation.
Legendary filmmakers B. Nagi Reddi and his friend Chakrapani conceptualized
Chandamama in early 1947 and since then the company has been publishing stories
in print as well as electronic media in 14 languages. The library of Chandamama
has over 15,000 exclusive stories.
Commenting on the relationship with Toonz, L Subramanyan, CEO of Chandamama
said, Over the last 60 years, millions of Indians have grown up with Chandamama.
The Association with Toonz and the proposed animated film will help us reach
out to the current and future generations of young people and deliver the message
across the new and emerging platforms.
About Toonz Animation
Toonz, a major provider of animation to the top US and European producers,
is South Asia/'s most admired animation studio and part of the international
business conglomerate, Comcraft Group, based out of Geneva. Founded in 1999,
the client list of Toonz includes the biggest names in media and entertainment
industry like Marvel, Hallmark, Paramount, Disney, BBC and Cartoon Network.
Toonz Animation offers its world-wide clientele end-to-end animation services
including 3D animation, 2D animation (digital and traditional), Flash, Stop
Motion and VFX on a full spectrum of media platforms. The Animation Magazine
has heralded the company as one of the top-ten multimedia studios in the world.
The sprawling, 18,000 sq ft state-of-the-art studio is based in the electronic
city of Technopark in Trivandrum. Over 500 artists work in this facility staffed
with top creative professionals from across the world, including Philippines,
Singapore, Canada, USA and India. Toonz also runs its animation training division
Toonz Academy in Mumbai, Delhi, Hyderabad, Nagpur, Indore, Ahmedabad, Calicut
Chandamama was conceptualised by legendary filmmakers B. Nagi Reddi and his
friend Chakrapani. Their reason for launching Chandamama was to familiarise
the post-Independence generation with Indian tradition, folklore, mythology
and history in the form of stories. From its inception in 1947, Chandamama
has created over 15000 stories and is the only magazine published simultaneously
in over 12 different languages, including Sanskrit and Santhali.
Chandamama has recently been acquired by the Bombay-based Geodesic. Incorporated
in 1999, Geodesic is a publicly traded company with offices in the US, UK,
Sweden and Hong Kong. The company has developed the popular universal instant
messaging system Mundu www.mundu.com).
The Mundu products successfully combine AIM, Google Talk, ICQ, MSN and Yahoo.
Over six million users worldwide communicate through the various mundu products.
Geodesic is the only Indian company to be included in the Red Herring Small
Cap 100 list.
Corporate Communications Manager
Geodesic Information Systems Limited
Tel: +9122 40786038/ +919819852039