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Technicolor Downsizes

March 26, 2015, 16:15 PM

http://news.doddleme.com/blogs/post-production/tec...

Even though the company only recently opened its 20,000 square foot facility in Burbank, long time post-production house Technicolor, a veritable fixture in our industry, has announced that it will close the doors of the Burbank and London locations, making it the latest victim of the ongoing shake up in the post-production industry. But the move may be more of the old “evolve or die” strategy in order to weather the storm, rather than one of being overstretched by subsidies and bad business models of the Visual Effects industry.

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