India's CDI gets animated with comics deal


India and Hollywood moved a little bit closer Wednesday as film and TV producer-distributor Compact Disc India said it is close to a deal to develop animated features based on the characters and titles of comics publishers Platinum Studios and Radical Comics.

"We are in advanced talks with Platinum and Radical to develop two animation features based on their respective properties, each budgeted at $20 mil-lion. CDI will be an equal co-producer in both these projects," CDI Chairman Suresh Kumar told The Hollywood Reporter.

Kumar did not say which properties are being considered but said he hopes to announce something by the end of the month.

Los Angeles-based Platinum owns more than 3,800 characters and comic book properties including "Cowboys and Aliens," which is being turned into a live-action feature co-produced by DreamWorks and Universal.

Radical owns such titles as "Hercules" and "Aladdin" and recently confirmed that director John Woo will direct the film adaptation of "Caliber: First Canon of Justice."

CDI would handle animation production for the two proposed features at its facilities with "creative input from Platinum and Radical," Kumar said. (partialdiff)