Global budget of approximately €7.7  million

DQE - Little nickDQE, the animation, gaming, live action entertainment production and distribution company, today announces that it has entered into a co-production agreement for the second series of the animation of Le Petit Nicolas with M6 Studios (France), a well known TV broadcaster and producer.

The second season of Le Petit Nicolas (lovingly known as "Little Nick")  comprises 52 episodes of 13 minutes each at a global budget of approximately €7.7  million . The series will be developed in high-end CGI and production is scheduled to start in  2011. DQE has the exclusive right to sell and distribute the TV and video rights pertaining to the series in  Asian territories in Hindi, English and all local languages. DQE will also distribute the series (both seasons) in all English speaking countries worldwide.

Little Nick was created by René Goscinny, also the creator of Asterix and illustrated by Jean-Jacques Sempé. This iconic French cartoon was first published in 1959, since when it has sold over 10 million copies in more than 30 countries. The first series of Le Petit Nicolas which was co produced by DQE is expected to premiere in the Indian subcontinent shortly and has already aired in France and on ZDF, Germany with excellent viewer numbers.

Tapaas Chakravarti, Chairman & CEO of DQE commented:

"I am confident that our collaboration with M6 Studio and its TV Channel for the co-production of the second season of this iconic property, 'Le Petit Nicolas' will again be hugely successful after the very successful run of the first season worldwide. This deal reaffirms the quality and dedication of DQE's work and the confidence that our partners have in us.  The first season, also co-produced by DQE has aired in France as well as Germany and has received an excellent response from viewers. Soon audiences in the sub continent will be able to view it on a leading childrens network in this region."

Thomas Valentin, President of M6 Studios commented:

"M6 Studios is very proud of the relationship which has been successfully developed on the production of Little Nick with DQE, and also the other companies involved in the production, Method Animation and Luxanimation."