Toonz starts its new distribution arm
Indian animation major Toonz Animation has opened its new distribution division based in Los Angeles under the registered name of Toonz Entertainment, USA.
Toonz Entertainment will specialize in the world-wide sales and distribution of animated feature films, direct-to-video content and television series. Toonz initial distribution slate will include Wolverine and X-Men Season 1 and 2, Speed Racer 2, Speed Racer Classic, Mostly Ghostly 2 and 3 and Freefonix.
Toonz has appointed Matt Cooperstein as executive vice president of Toonz Entertainment, USA who will be overseeing the strategic and operational functions of the company. Cooperstein has over 20 years of experience in launching innovative programmes and distributing them throughout the US and worldwide marketplace. He has worked with studios such as ITC Entertainment Group, Polygram Television, Universal Worldwide Television, IndieArts Entertainment and most recently, Liberation Entertainment.
Says Toonz Group CEO P Jayakumar, "The establishment of a new distribution arm is in pursuance of our vision to grow as a full-fledged media house. We would be able to take to the world properties from our library as well as a portfolio of iconic properties."
Adds Toonz Entertainment, USA EVP Matt Cooperstein, "We already have acquired the rights to highly branded properties and will be aggressive in adding more titles in the future."