December 12, 2000 |
Britain's Carlton Communications said Monday that it had sold its film-processing arm Technicolor to Thomson Multimedia for $2.07 billion in a deal that also will see the two team up in an alliance. Television group Carlton said it would take a 5.5% stake in France's Thomson Multimedia, the world's fourth-largest consumer electronics maker, and pocket $1.35 billion in cash in return for Technicolor, the pioneer of color film in thex 1920s.
November 27, 2005 |
JACK CARDIFF, one of the cinema's most treasured cinematographers, will be making two rare appearances in Los Angeles to discuss his work on the classic Technicolor films "Black Narcissus" (1947), for which he won the Academy Award, and 1951's "The African Queen." On Thursday, Cardiff, 91, will appear at the academy's Samuel Goldwyn Theater for a screening of the new digital restoration of "Black Narcissus" by Granada International and the British Film Institute.
July 31, 2003 |
It's hard to fault Thomson Multimedia's timing in buying Technicolor in early 2001 to spearhead its push out of the TV-manufacturing business and into digital technology. By the end of that year, the French company's consumer electronics business had started to crater, partially because of the lousy economic environment, especially in Europe, but largely because of the razor-thin profit margins it earned selling home electronics at retail.
CALIFORNIA | LOCAL
August 17, 1999 |
Camarillo-based Technicolor said its alliance with Real Image Digital and its technology partner, Sarnoff Corp., will allow Technicolor to offer digital delivery of movies alongside its existing services. Technicolor, which brought color to motion pictures 80 years ago, recently acquired a significant interest in Real Image Digital, a developer of digital cinema.
September 8, 1998 |
Camarillo-based Technicolor and Nimbus CD International of Charlottesville, Va., have announced the completion of their merger. Technicolor's Optical Disc Division in Camarillo will incorporate Nimbus and operate under the name Technicolor/Nimbus. It will be the world's largest independent manufacturer of DVDs, as well as a leading supplier of all optical disc formats including CD audio and CD-ROM.
April 7, 1998
Carlton Communications Plc of the United Kingdom has announced a $10-million investment in the production and distribution of digital versatile discs by its wholly owned subsidiary, Technicolor Inc. of Camarillo. Technicolor produces prerecorded videocassettes and has a growing business in manufacturing DVDs and other disc-based formats.
CALIFORNIA | LOCAL
January 30, 2001 |
Thomson Multimedia says its $2.1-billion acquisition of Carlton Communications' Technicolor unit in Camarillo will boost per-share earnings of the world's fourth-largest consumer electronics maker by 19% in 2001. The cash and share acquisition, which was completed this month, will also create $25 million in cost savings, said Thierry Breton, Thomson Multimedia's chief executive.
February 10, 2002 |
Sometimes it takes a village--to make a quilt. Such is the case with the exquisite handiwork available at Entertaining Elephants, an eclectic home furnishings and children's boutique in Studio City. The colorful throws are hand-quilted by groups of women in rural southern Pakistan, where relatives and friends include them as part of a dowry, says store owner Ellen Massee. "It takes days, if not weeks," she says.
January 13, 1986 |
UCLA Film Archives' nine-week series "Technicolor: The Glory Years" will be warmly welcomed by everyone who is intrigued by the development of the increasingly expensive three-strip color process in the '50s and who lamented its passing. Launching the series Thursday at 7:30 p.m.
April 4, 2000 |
Though the boyish Donny Osmond is best known as the former '70s teen singing idol and current co-host with his sister Marie of the Emmy-nominated daytime talk series "Donny and Marie," he is a seasoned musical theater veteran. From 1992-98, Osmond, 42, toured in the Andrew Lloyd Webber-Tim Rice musical "Joseph and the Amazing Technicolor Dreamcoat," performing the role of the biblical hero nearly 2,000 times. "Joseph" premiered in 1968 as a 15-minute piece at a London school.