The current financial disruptions in markets may not make for an optimal time to carve up a storied Hollywood brand and launch a new public company, but don’t say that to Technicolor Creative Studios CEO Christian Roberton. Tuesday morning, on Paris’ Euronext exchange, TCS launches as a pure-play creative-services firm under the ticker TCHCS.
This is Technicolor going back to its roots, a pure-play basic entertainment company. To me, it perfectly describes the origins of Technicolor. We’re coming out at a time when the demand for our services is at an all-time high. There was never such demand for the type of work that we do.
Christian Roberton, Chief Executive Officer
That work is providing visual effects and related post-production services for four distinct sectors of entertainment: movies/TV/streaming, advertising, animation, and gaming, handled respectively by MPC, The Mill, Mikros Animation, and a new Technicolor Games unit.
It’s a long ways from the original company’s storied, 106-old roots as a go-to film-processing service during Hollywood’s Golden Age, with a look so vivid that the brand itself became an adjective for the hyper-saturated, gorgeous color found in many of the films it handled.
Read the full piece by David Bloom on Forbes.
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