Sri Adhikari Brothers in a pact with ETIAM EMedia Inc

Sri Adhikari Brothers Television Network Ltd (SABTNL) has signed a joint venture agreement for animation software with the US based ETIAM EMedia Inc which is an information technology solutions company. As per the contract, the JV company will set up state-of-the-art studios to develop animation graphics, animated cartoons and animated feature films along with providing 2D and 3D technology and digital imaging for content and film production.

The company is negotiating with various studios in US and Canada to provide animation software for the studio. Sri Adhikari Brothers' forthcoming television channel Sabe TV will benefit from the studio as it will get animation content for it.

SABTNL will own 26% stake in the venture while the rest will be held by ETIAM EMedia and private investors and is expecting a revenue generation of $5-10 million in a couple of months from this project.

See more headlines