DQ Entertainment Picks Up 20% Stake In Method Films

By Nikhil Pahwa Feb. 28, 2008, 7:53pm 1 Comment

DQ Entertainment, an animation and gaming company has acquired 20 percent stake in Method Films, a French animation company which produces content for broadcasters like Nickelodeon, BBC, ITV (LSE: ITV), France2, France 3, ABC Australia. In the past, Method films co-produced content with DQ Entertainment, including Iron Man for Marvel Entertainment (NYSE: MVL) and Skyland. They are also co-producing other properties like Les Gnouffs, Jet groove, among others. For the year ended 31 Dec 2006, Method Films generated EBIDTA of