CALIFORNIA | LOCAL
August 10, 1999 |
Technicolor, the Camarillo-based movie film company, is continuing to expand into digital technology by buying a significant interest in a digital projection company, Real Image Digital. Technicolor announced last week that it paid $23 million to acquire 49% of Real Image Digital, a Los Angeles company that specializes in digital projection technology.
June 30, 1986 |
Technicolor Inc., a Los Angeles-based film and video services company, announced executive changes at two companies in which it has interests. Joseph A. Fischer, a former president of MGM/UA Entertainment, resigned as chairman, president and chief executive of Los Angeles-based Four Star International. The company, a producer and distributor of television programs, is being acquired by Compact Video, a Burbank-based concern controlled by Technicolor.
February 21, 2001 |
Camarillo-based Technicolor, the largest processor of motion picture films, said Tuesday it plans to spend about $30 million to create the world's biggest film lab in Mirabel, Canada. The 125,000-square-foot building will be used to duplicate master copies of films for distribution to movie theaters. Customers of Technicolor include Walt Disney Co., New Line Cinema Corp. and DreamWorks SKG. Master copies of films are produced at Technicolor's Covitec laboratory, also in Quebec.
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.