Red Herring:
This can’t be a great news for Indian animation industry. Israelis are entering the game in a big way, and that means several multimillion dollar projects are expected to land up in the tech-savvy country. Jerusalem Venture Partners (JVP) has set up a state of art animation studio, in an effort to turn Jerusalem into a major player in the animation and gaming field. The startup, Jerusalem Animation Lab, will include an animation and gaming studio, as well as a development lab to create animation for cellular phones.
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