The new holding company housing MPC, Mikros Animation, The Mill, and Technicolor Games plans a gradual transformation from VFX and animation businesses to a singular ‘visual experiences’ company delivering cutting-edge technology in visual storytelling.
Previous division of Technicolor SA is now an independent, publicly traded company under TCHCS on Euronext Paris, while Technicolor, comprised of the Connected Home and Vantiva Supply Chain Services divisions, will remain listed on Euronext Paris under its new name of Vantiva.
MPC, The Mill, Mikros Animation, and Technicolor Games each saw significant revenue increases despite continued pandemic-related impacts; strong overall growth was reported, largely driven by demand for original content.
Company will retain 35% stake in new entity that includes MPC for film and episodic VFX, The Mill for advertising, Mikros for animation, and Technicolor Games for the gaming industry; debt refinancing also planned, with deal set to conclude the latter part of Q3 2022.
Technicolor Creative Studios continues its strategic rebranding and consolidation by integrating its visual effects companies into one of the world’s largest VFX studios.
Technicolor Creative Studios merges the 2 companies, creating the world’s largest VFX studio for the advertising and brand experience industries.
Technicolor Animation Productions, Technicolor Animation, and Mikros will integrate their businesses under Andrea Miloro’s leadership, unifying their animation brand within the recently announced Technicolor Creative Studios group.
Production Services division becomes Technicolor Creative Studios, with new leadership team focused on design, direction, and production in VFX, XR, and animation.
Former Fox Animation co-president’s appointment reinforces Technicolor’s commitment to expand the company’s feature film and TV production efforts under the Mikros brand.
Management changes at Walt Disney Animation and Blue Sky Studios signal Disney’s effort to more fully integrate former Fox film and TV assets is gaining strength.
Veteran executive, who oversaw Blue Sky Studios’ production of ‘Ice Age’ and ‘Rio’ franchise films, steps down after 21 months at helm.
Program lineup and initial list of presenters for third annual symposium, taking place June 10, highlight important focus on “Belonging” and critical topics affecting women working in the animation industry.
Panels and speakers set for daylong event set for June 11 at the Imperial Palace Hotel.
Late reggae star’s daughter among the producers on the project, which Kenya Barris is writing and producing.
Vanessa Morrison will oversee Fox Family, covering all animated and live action projects aimed at young viewers and their parents, on both TV and in theaters.
