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Technicolor Begins to Shut Down Operations ‘Due to Inability to Find New Investors'
Technicolor has experienced several restructurings and management changes since filing for chapter 15 bankruptcy protection in 2020. The Technicolor memo states, “the Group has been experiencing ...
Behind the ‘Sickening' Collapse of Technicolor and Why Its Failure Is Sending Shockwaves Through the VFX Industry
On Friday, Feb. 21, Technicolor began alerting customers and employees that it was facing "severe financial challenges." This ...
Variety9d
The Final Days of Technicolor: Inside a Band of Employees’ 72-Hour Race to Launch New Company ARC Creative (EXCLUSIVE)
A month ago, on Friday, Feb. 21, Technicolor began to alert employees that it was in dire financial trouble and could (and did) begin to shut down that Monday. The stunning collapse of the iconic ...
Deadline.com6d
Technicolor: Paris Commercial Court Carves Up French Subsidiaries
The future of Technicolor Group’s French subsidiaries has become clearer following the release of Paris Commercial Court’s decision on several acquisition offers. The units have continued to ...
Variety29d
Technicolor Bankruptcy: Gaming Unit Sold to TransPerfect; VFX and Animation Future Still Uncertain
Following Technicolor’s recent collapse amid financial difficulties, it has inked a deal to sell Technicolor Games to global language translation and AI tech business TransPerfect. Meanwhile the ...
Inc28d
What Technicolor’s Collapse Teaches Us About Cognitive Lock-in
This comes to mind when considering the collapse, after 110 years, of an iconic film company —Paris-based Technicolor. The visual effects (VFX) provider had been on shaky ground for years but ...