Final logo used from 2024 until the studio's closure | |
| Formerly |
|
|---|---|
| Company type | Private |
| Industry | |
| Predecessors | Production Services division ofTechnicolor SA |
| Founded | 19 May 2021; 4 years ago (2021-05-19) |
| Founder |
|
| Defunct | 24 February 2025; 9 months ago (2025-02-24) |
| Fate | Receivership, assets sold off |
| Successors | Newco TransPerfect Rodeo FX OuiDo! Productions |
| Headquarters | Paris ,France |
Area served | Worldwide |
Key people |
|
| Services | |
| Revenue | |
| Total assets | |
| Total equity | |
Number of employees | 10,695 (2021) |
| Divisions | |
| Subsidiaries | |
| Website | www |
| Footnotes / references [1] | |
Technicolor Group S.A. (formerlyTechnicolor Creative Studios) was a French company that is involved invisual effects,motion graphics and animation services for the entertainment, media and advertising industries. Headquartered in Paris, France, it is aspin-off of the formerTechnicolor SA, which subsequently renamed itself asVantiva.
The company used to operate the visual effects, motion graphics and animation units for films, episodic series and video games under their subsidiaries: theMoving Picture Company (MPC),The Mill,Mikros Animation, and Technicolor Games.
As of February 2025, it was reported that the UK branch of Technicolor had appointed administrators, and the French company had entered receivership. The company's assets began to be sold off shortly after.[2][3]
The creation ofTechnicolor dates back to 1915 while the first version of said picture processing technology was patented[4] and followed by the later versions in the several decades. The original company that owned the technology, Technicolor Motion Picture Corporation, was co-founded by theMassachusetts Institute of Technology (MIT) graduatesHerbert Kalmus andDaniel Frost Comstock in 1915.[5] The first commercial film that used Technicolor isThe Gulf Between, which released on 13 September 1917, and waslost in a fire incident on 25 March 1961.[6]
Technicolor was involved in ownership changes in several years. In 1982,MacAndrews & Forbes acquired Technicolor for $100 million, then sold it in 1988 to the British companyCarlton Communications for $780 million.[7] In 2001, French-based media and electronics company Thomson Multimedia acquired Technicolor from Carlton for $2.1 billion.[8] On 1 February 2010, Thomson Multimedia changed its name to Technicolor SA, assuming the name of the picture processing technology which has been widely known for more than 95 years.[9][10]
Prior to transforming the Production Services division into its Creative Studios unit, Technicolor sold its post-production unit to Streamland Media on 4 May 2021.[11]
On 19 May 2021, the Production Services division of Technicolor SA, transformed into Technicolor Creative Studios to specifically "(focus) on the future of film, episodic, gaming, brand experiences and advertising". The unit has been led by Christian Roberton as the CEO, reporting to Technicolor SA CEO Richard Moat. With the formation of Technicolor Creative Studios, bringing the robust of studios such as The Mill, MPC, Mikros Animation, and Mr. X.[12] In January 2022, Technicolor Creative Studios announced the integration of MPC Advertising under The Mill[13] as well as the integration of MPC Film, MPC Episodic and Mr. X under the MPC brand.[14]
On 24 February 2022, when Technicolor SA announced the full year 2021 results, the company also intended to list and spin-off 65% of Technicolor Creative Studios through a distribution-in-kind to Technicolor shareholders, while Technicolor will remain listed onEuronext Paris and post-spin off will retain up to 35% ownership of TCS. The business operations of Technicolor will divided into Technicolor Creative Studios and Technicolor's Connected Home and DVD services, which later known asVantiva.[15] On 27 September 2022, Technicolor Creative Studios became independently public-listed company, while Technicolor SA eventually rebranded as Vantiva, completed the spin-off process.[16][17]
On 26 May 2024, Technicolor Creative Studios became Technicolor Group.[18]
On 24 February 2025, a week after the company announced its plans to close its U.S. offices, the company filed forvoluntary administration in the UK and began thereceivership process in France.[19][20]
On 1 March 2025, TransPerfect acquired Technicolor Games.[21]
On 27 March 2025,Rodeo FX acquired most of Mikros Animation and select assets of Technicolor Canada.[22]
On 28 March 2025, TransPerfect acquired the French assets of MPC, The Mill and Mikros Animation’s service work capabilities in Canada and France.[23] On the same day, Boris Hertzog acquired the television division and French IPs of Mikros Animation, bringing OuiDo! Productions back after ten years.[24]
Technicolor Creative Studios has four distinct operating units:
As of February 2025, it was reported that the UK branch of Technicolor Creative Studios had appointed administrators, and the French company had entered receivership.[25][26]