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

News Category Global Banking & Finance Reviews
Production Services streamlines Portfolio to Strengthen Focus on VFX and Animation with Sale of Technicolor Post
PRESS RELEASE

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 ....

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

PRESS RELEASE Technicolor New Year Update: Production Services. | January 14, 2021 ....

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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 ,