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IDT Entertainment Completes Acquisition of a Controlling Interest in Mainframe Entertainment, Inc.

Publication: Business Wire
Publication Date: 02-DEC-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

NEWARK, N.J.--(BUSINESS WIRE)--Dec. 2, 2003

IDT Entertainment today announced that it has completed its acquisition of a controlling interest in Mainframe Entertainment, Inc., a creator of computer generated image (CGI) animation for feature films, TV and direct-to-video/DVD products. IDT Entertainment is a subsidiary of IDT Corporation (NYSE: IDT, IDT.C), a multinational carrier, telephone and technology company.

Mainframe Entertainment, Inc. is one of the world's most prolific producers of CGI animation for television and direct-to-video/DVD products, and is expanding into long-form CGI for feature films, commercials and interactive entertainment. In addition to its production of the award-winning "Barbie as Rapunzel" direct-to-video/DVD feature and the new Spider-Man animated series, the company created the animation, logo, and branding for the...

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