Technicolor Creative Studios Becomes an Independent Publicly Listed Company

0

Technicolor Creative Studiosformerly a division of Technicolor SA, today announced its IPO as a stand-alone company, following the planned distribution of 65% of its shares to Technicolor shareholders and simultaneous listing on Euronext Paris.

From 9:00 a.m. CET on Tuesday, September 27, Technicolor Creative Studios will be listed under “TCHCS” on Euronext Paris. Going forward, Technicolor, comprised of the Connected Home and Vantiva Supply Chain Services divisions, will remain listed on Euronext Paris under its new name of Vantiva and the leadership of its new CEO, Luis Martinez-Amago.

About the company: Founded in 1915, Technicolor led the motion picture industry with the world’s first exploration of color and sound film, developing a series of innovative processes for color film in the early 20th century. The creative tech brand went on to acquire major VFX studios MPC, The mill and Mikros Animation in addition to establishing Technicolor Games. These four studios now operate under the new brand, Technicolor Creative Studios, to focus on growing the entertainment and advertising markets.

Technicolor Creative Studios has a rich heritage of innovation in the entertainment and advertising industries. Major projects include Oscar-winning features Gladiator, 1917, The Jungle Book and Pi’s lifeas well as recent blockbusters Ghostbusters: Afterlife, no and Disney’s new live-action iteration of Pinocchio. The company’s animation division is credited with the world’s most recognizable animation intellectual property, including Sponge Bob SquarePants and Teenage Mutant Ninja Turtles. Advertising and brand experience studio The Mill has won over 500 awards and accolades over its 30-year history, consistently producing work for the world’s most notable brands, from iconic Super Bowl ads to world-class campaigns.

Technicolor Creative Studios MPC’s visual effects and animation studio has worked on blockbusters like Disney’s live-action “The Lion King”

CEO of Technicolor Creative Studios Christian Roberton will be joined by an executive committee of seasoned industry professionals leading the business, including studio presidents Tom Williams, Josh Mandel, Andrea Miloro and Jeaneane Falkler.

Already one of the largest visual arts providers in the world, Technicolor Creative Studios’ stated ambition is to become the production partner of choice for the world’s most successful entertainment companies and brands. Each network studio will be fueled by shared technologies, creative talent, R&D and investments in future platforms. TCS says its studios have the structural power to provide customers with content solutions throughout their IP journey, from film development to game assets and marketing materials. The primary objective of the new structure is to provide each of its subsidiary brands and their respective clients with the necessary infrastructure to consistently deliver the best creative outcome.

Technicolor Creative Studios has more than 11,700 employees in 11 countries, and plans to continue growing through 2023 to meet market demand across all of its verticals.

The new structure and collaborative vision will be further strengthened with the opening this year of a Technicolor Creative Studios campus in Los Angeles (Culver City), which will house all studio brands under one roof, with the addition of a bespoke virtual production stage and a Creators Hub. By being fully independent, TCS is taking a strategic step to expand its leadership and expand into new and evolving markets, capitalizing on the growing global demand for VFX and animated content.

Christian Roberton
Christian Roberton

“My ambition is to build the most successful visual arts company in the world. We believe our legacy of innovation and creativity is our foundation for the future, and the success of our studios will be built on continued investments in cutting-edge technology, the world’s best talent, and our ongoing relationships with leading studios and entertainment brands,” comments Roberton. , CEO of the newly independent company. “The next chapter as an independent company will be crucial in our growth and evolution.”

technicolorcreative.com

Share.

Comments are closed.