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Monday, March 17, 2025
Technicolor is winding down operations
The Verge: Technicolor Group, the French VFX giant that owns some of Hollywood’s most in-demand post-production houses, appears to be on the brink of collapse — putting thousands of jobs at risk.
This is kind of crazy, actually. The severe cash flow pressures present in the last few years have built up so intensely that a historically significant group such as Technicolor is winding down. Layoffs are never a good thing, especially in such a large quantity and in such a sudden event. Technicolor’s daughter organizations are also significant in and of themselves. I learned a little about technicolor in my film class, so it’s a bit of a shock to think that history will remain history, and to not continue in the present. They were unable to find new investors, but I wonder why they either lost existing investors or needed new ones so desperately. I wondered what the larger implications of Technicolor’s demise would be, so I went on Google to look into this more. The VFX business is already volatile, what with rising artificial intelligence efforts, corporatism, and federal regulation changes.
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This is kind of crazy, actually. The severe cash flow pressures present in the last few years have built up so intensely that a historically significant group such as Technicolor is winding down. Layoffs are never a good thing, especially in such a large quantity and in such a sudden event. Technicolor’s daughter organizations are also significant in and of themselves. I learned a little about technicolor in my film class, so it’s a bit of a shock to think that history will remain history, and to not continue in the present. They were unable to find new investors, but I wonder why they either lost existing investors or needed new ones so desperately. I wondered what the larger implications of Technicolor’s demise would be, so I went on Google to look into this more. The VFX business is already volatile, what with rising artificial intelligence efforts, corporatism, and federal regulation changes.
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