Compact Disc India Ltd

Compact Disc India To Invest Rs 309 Crore In Animation

Compact Disc India (CDI), an integrated media and entertainment conglomerate, has decided to pump $63 million (Rs 309 crore) for animation feature film and multi platform gaming.

According to sources, the investment plan also includes the merchandising of a project with former Brazilian football player Pele.

Recently, the company revealed that Pele (Edison Arantes do Nascimento) will act as an Executive Producer with the company for a soccer-based animation feature film.

Compact Disc gets investment commitment worth $ 10 million from iMedia Ventures

AniCompact Disc India Ltdmation outsourcing company Compact Disc India Ltd (CDI) has informed that iMedia Ventures Ltd has offered to invest US$10 million in the expansion projects of CDI.

The latest debt has been offered at 2.5% per annum over LIBOR, inclusive of withholding tax or other applicable taxes for a period up to 10 years.

Apart from this, iMedia Ventures has also shown keen interest in buying 15% equity stake in CDI.

Compact Disc Bags Outsourcing Contract Worth $15.70 Mn, Stock Up 5%

Compact Disc India Limited (CDi) has secured another animation feature film outsourcing contract, worth USD 15.70 million.

The name of the movie is “Eternal Love” and its story mainly revolves around an architectural masterpiece Tajmahal.

This animation feature film is scheduled to be released in December 2009.

Chandigarh-based, CDi is one of the largest animation outsourcing organization in South Asia. The company is into production of animation films, game development and motion pictures.