[Rapid TV News]
A joint venture between US children’s TV veteran Andy Heyward, his marketing executive wife Amy, and Indian conglomerate Tata has been established to create, develop and distribute original content for kids.
A Squared Elxsi Entertainment is reportedly fully funded by Tata but 50% owned by the Heywards, who will co-chair and manage the outfit. Tata holds the remaining 50% stake in the private company.
Elizabeth Daley, dean of the USC School of Cinematic Arts, will also be on the board of directors, …
Design company Tata Elxsi …last year it won an award from the Visual Effects Society for Roadside Romeo, a 3D film produced by Yashraj Films and Disney. …
Read the full story here: http://www.rapidtvnews.com/index.php/2011121117879/tata-to-fund-news-kids-initiative-with-us-tv-veteran.html