India-based Toonz Animation and American company Liberation Entertainment have extended their worldwide distribution deal.
Liberation will continue to distribute Toonz shows such as the Marvel co-production Wolverine and the X-Men, Speed Racer Classic and more, according to Vareity.
The deal pegs the value of the distribution rights for Toonz series at $50 million.
The deal covers distribution in theatrical, TV, digital and home video platforms.
