Page 3 - தொழில்நுட்ப வண்ணம் போஸ்ட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from தொழில்நுட்ப வண்ணம் போஸ்ட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In தொழில்நுட்ப வண்ணம் போஸ்ட் Today - Breaking & Trending Today

TECHNICOLOR: Production Services streamlines Portfolio to Strengthen Focus on VFX and Animation with Sale of Technicolor Post


TECHNICOLOR: Production Services streamlines Portfolio to Strengthen Focus on VFX and Animation with Sale of Technicolor Post
Technicolor New Year Update:
CEO share purchase
New Board Observer appointed
Paris(Euronext Paris: TCH; OTCQX: TCLRY) announces today (i) that Streamland Media is purchasing the Technicolor Post business, subject to customary closing conditions, (ii) a share purchase by the CEO and (iii) the appointment of a new Board Observer.
Richard Moat, Chief Executive Officer of Technicolor, stated:
Today s announcements reaffirm our commitment to a stronger future for Technicolor. The strategic sale of Technicolor Post is part of our long-term vision for Production Services to focus on VFX and animation for the entertainment industry, and creative services and technologies for the advertising industry, which provide the maximum value to our clients. We will continue to focus on these core areas through our award-winning creative studios The ....

United States , City Of , United Kingdom , Stephanie Varlotta , Richard Moat , Christophe Le Mignan , Angelo Gordon , Julien Farre , Bain Company , Production Services , Goldman Sachs , Overall Group Trading , Wharton School , Gordon Co , University Of Pennsylvania , Mcgill University , New Year Update , Strengthen Focus , Technicolor Post , Board Observer , Euronext Paris , Streamland Media , Chief Executive Officer , Mikros Animation , Episodic Visual Effects , Little Mermaid ,

Investegate |TECHNICOLOR Announcements | TECHNICOLOR: Production Services streamlines Portfolio to Strengthen Focus on VFX and Animation with Sale of Technicolor Post


Paris (France), 14 January 2021 –
Technicolor (Euronext Paris: TCH; OTCQX: TCLRY) announces today (i) that Streamland Media is purchasing the Technicolor Post business, subject to customary closing conditions, (ii) a share purchase by the CEO and (iii) the appointment of a new Board Observer.
Richard Moat, Chief Executive Officer of Technicolor, stated:
“Today’s announcements reaffirm our commitment to a stronger future for Technicolor. The strategic sale of Technicolor Post is part of our long-term vision for Production Services to focus on VFX and animation for the entertainment industry, and creative services and technologies for the advertising industry, which provide the maximum value to our clients. We will continue to focus on these core areas through our award-winning creative studios The Mill, MPC, Mr. X and Mikros Animation. Moreover, my personal investment in Technicolor shares marks my commitment to our transformation and my confidence in Technico ....

United States , France General , City Of , United Kingdom , Stephanie Varlotta , Richard Moat , Christophe Le Mignan , Angelo Gordon , Julien Farre , Bain Company , Production Services , Goldman Sachs , Overall Group Trading , Wharton School , Gordon Co , University Of Pennsylvania , Mcgill University , Strengthen Focus , Technicolor Post , New Year Update , Board Observer , Streamland Media , Chief Executive Officer , Mikros Animation , Episodic Visual Effects , Little Mermaid ,

Postproduction Shake-Up: Technicolor's Post Business to be Sold to Formosa Group's Parent Company for $36.5 Million


January 14, 2021
11:02am PT
by
Carolyn Giardina
Postproduction Shake-Up: Technicolor s Post Business to be Sold to Formosa Group s Parent Company for $36.5 Million
Courtesy of Streamland Media
Streamland Media CEO Bill Romeo.
With the deal, Technicolor a century old brand that has been synonymous with motion pictures effectively exits key aspects of the business.
In a deal that shakes up the postproduction landscape, Streamland Media formerly Picture Head Holding and the parent of leading audio post facility Formosa Group as well as companies such as Picture Shop and Picture Head has revealed an intent to acquire Technicolor s postproduction business for $36.5 million. Expected to close in the first half of the year, the deal is backed by Trive Capital and Five Crowns Capital. ....

United Kingdom , British Columbia , Richard Moat , Formosa Group , Technicolor Production Services , Head Holding , Farm Group , Streamland Media , Picture Head Holding , Picture Shop , Picture Head , Trive Capital , Five Crowns , Technicolor Post , Mikros Animation , Lion King , Tom Hopper , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டிஷ் கொலம்பியா , ரிச்சர்ட் அகழி , ஃபார்மோஸ குழு , தொழில்நுட்ப வண்ணம் ப்ரொடக்ஶந் சேவைகள் , தலை வைத்திருத்தல் , பண்ணை குழு , படம் தலை வைத்திருத்தல் , படம் கடை ,