Zoo Digital expands film production network in Asia
Shares rose in Zoo Digital Group, a provider of subtitling and distribution services for the entertainment industry, as it added another film studio and post-production partner to its affiliate network, consolidating its presence in Asia.
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The AIM-listed company formed the network of affiliates to meet the evolving needs of the entertainment industry, by offering global online retailers a local partner in different territories.
The newest member of the network, Thailand-based Kantana Group, is the country’s oldest and largest studio, and also operates in Vietnam, China, Korea, Japan, Indonesia and Malaysia.
It provides film and television production and post-production, including dubbing in Thai for Fox, Warner Bros, DreamWorks, Marvel and Disney.
Kantana joins HI Media Pros, a subsidiary of El-Hakeem Media Production Group in Cairo and Dubai, QLAB, a division of Quality Cine Laboratories in Mumbai, and Olive Digital in Pakistan.
Each member of the network will be able to use Zoo Digital's cloud computing systems to collaborate and the company expects to receive licensing income and access to resources in the regions.
Shares in Zoo Digital were up 7.43% to 9.40p at 0802 GMT.