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Monday, July 18, 2005

Forbes on Technicolor

Forbes notes that Technicolor (a division of France's Thomson) wants to play a part in the digital cinema conversion that may now be shifting from park into first gear.

    Hoping to cash in on the move to digital is France's $9.6 billion (2004 sales) Thomson.

    ...At the center of the company's turnaround is Technicolor, which Thomson bought in 2001 for $2.1 billion. For the past 90 years Technicolor has been the main film processor and duplicator in Hollywood, handling 5 billion feet of prints every year. The company began adding digital services in 1999. Filmmakers can go to Technicolor to have their uncut movies digitized for editing and then transferred back to film for distribution.

That presumes, of course, that everyone is still shooting on film and distributing reels of celluloid - not exactly an "all digital" strategy.
The Forbes piece is sort of a "Digital Cinema 101" article, though it does observe -- accurately -- that few specifics have been revealed thus far about the Christie/Access IT and Kodak/Barco financing plans for making the digital cinema roll-out more affordable for theater-owners.