DIC acquires 'Speed Racer' rights. (Media & Technology).Burbank-based animation house DIC DIC diffuse intravascular coagulation; disseminated intravascular coagulation. DIC abbr. disseminated intravascular coagulation Disseminated intravascular coagulation (DIC) Entertainment Inc. has acquired the worldwide TV distribution, merchandising and licensing rights to the 1960s-era Japanese cartoon series A cartoon series is a set of regularly presented animated television programs created or adapted for television broadcast with a common series title, usually related to one another. , "Speed Racer." Andrew Heyward Andrew Heyward is a former President of CBS News, serving from January of 1996 until early November 2005. He is the son of Dick Heyward. He and his wife, Jody, have three children: David and Emily, both of whom work in New York City, and Sarah, who graduated from Harvard University , DIC CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said the agreement gives DIC the rights to all 65 halfhour shows produced from 1966 to 1968, along with 34 new shows produced during the 1990s for the Japanese market. The shows are scheduled to air this fall on Nickelodeon. The acquisition, whose terms were not disclosed, is the latest in a series of licensing, rights acquisitions and deals by the animation studio. Last month, the company signed a contract with Toys R Us Inc., giving the retailer the right to develop and market toys and apparel based on DIC's "Liberty's Kids" cartoon series set to air on PBS PBS in full Public Broadcasting Service Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural, in October. In April, the company acquired the rights to the "Mommy and Me" line of videos and products for preschool. Heyward has been moving the company toward merchandising and licensing its properties as a hedge against the volatile nature of the animation industry. About 70 percent of its revenue comes from animation while the remainder comes from licensing and merchandising, said DIC President Brad Brooks. Business Journal reporter Carlos Martinez may by reached at (818) 676-1750 ext. 17 or by e-mail at cmartinez@sfvbj.com |
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