Recently Zhaolong Culture & Technology (Guangzhou) Co., Ltd. ("Zhaolong Culture") signed a deal with Dracco Brands Holding ApS and other parties, to fund the production of Season 1 and 2 of Filly Funtasia, with an investment close to RMB 70 million, and to share the merchandising right worldwide. The film and TV works of Filly Funtasia will be produced by China Production Company. Season 1 has been finished and will be aired exclusively on iqiyi.com.
Zhaolong Culture is a company specialized in the investment, creation, branding and management of comics and animation works, as well as R&D and sales of their spin-offs. It is committed to developing homegrown comics and animation works with international influence, cultivating brands on the whole industry chain, and providing a great variety of comics and animation products for global customers. Its legal representative Mr. Yang Shuiyuan was known for sponsoring high-profile animation IP such as Sinic Q and The Beast Girl.
As the legal counsel for the business development of Filly Funtasia, the DeHeng team, led by partner Liang Yi of its Guangzhou Office and with primary support from associates Hong Jian and Zhang Shenglan, provided whole-process legal services for this project, including negotiations, design of the investment structure, document drafting and revision, for nearly a year.