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Technicolor Acquires LaserPacific and Cinedigm Key Assets
I got my start in the Entertainment Industry at Laser Pacific, during the Leon Silverman era. Under Leon, Laser Pacific developed Emmy award winning technologies which spurred innovation throughout the entire industry and beyond. Hopefully Technicolor can rekindle the spirit of innovation that Leon Silverman developed at Laser Pacific.
See the article below:
Technicolor has been doing some shopping to dramatically boost its digital cinema business. The Paris-based company announced July 27 an agreement to acquire Cinedigm Digital Cinema Corp.’s physical and electronic theatrical distribution assets, and on the same day announced the acquisition of LaserPacific’s postproduction assets.
The Cinedigm deal will grow Technicolor’s satellite presence by 40 percent, expanding it to over 1,100 locations in North America. Distribution assets, replication equipment, and at least 300 satellite roof rights are also included, among other things. Additionally, Technicolor will license some of Cinedigm’s key software and become its preferred partner for related post-production services…continue to original post.