Sister, the firm founded by Elisabeth Murdoch, Jane Featherstone and Stacey Snider, has taken a minority stake in UK production company Dorothy Street Pictures, we can reveal.
25.02.2022 - 01:09 / deadline.com
Technicolor said it will spin off its creative studios division into a new independent entity specializing in visual effects and animation.
The France-based technology services company, whose roots in the entertainment business date back more than a century, will remain publicly traded on the Euronext Paris exchange. The main company will continue to focus on a range of services, from connected homes to broadband-delivered entertainment. It plans to retain a 35% stake in Technicolor Creative Studios and list TCS on the Euronext Paris. Majority control will go to Technicolor shareholders via a distribution-in-kind transaction.
Earlier this year, Technicolor overhauled its effects operations, grouping previously separate divisions under the Moving Picture Company (MPC) banner. MPC had gained notice for its work on films like 1917 and the 2019 remake of The Lion King. Its more recent credits include Ghostbusters: Afterlife, Cruella and West Side Story.
Other major players are moving to capitalize on the surge of demand they’re seeing due to the streaming boom. Earlier this year, UK-based DNEG, which has done visual effects for Dune and No Time to Die, announced it would go public via a SPAC deal worth $1.7 billion. The firm also has a division dedicated to animation.
Technicolor’s spinoff news came as the company also announced second-half and full-year results that matched company forecasts but reflected a volatile operating environment. Total revenue dipped almost 4% in 2021 to €2.9 billion, though adjusted earnings before interest, taxes, depreciation and amortization jumped 65% over the Covid-affected 2020 to reach €268 million.
The new structure, with two independently traded entities, will enable each to pursue its own
Sister, the firm founded by Elisabeth Murdoch, Jane Featherstone and Stacey Snider, has taken a minority stake in UK production company Dorothy Street Pictures, we can reveal.
Naman Ramachandran Filming will commence next week on contemporary British Asian comedy feature “The Effects of Lying,” directed by Isher Sahota (“Hollyoaks”). The cast includes Ace Bhatti (“Bohemian Rhapsody,” “Line of Duty”), Laila Rouass (“Holby City,” “Spooks”), Navin Chowdhry (“The End of the F***ing World,” “Our Girl”), Shaheen Khan (“Mogul Mowgli”), Lauren Patel (“Everybody’s Talking About Jamie”) and Mark Williams (the Harry Potter franchise).Based on a script by James Hey (“Doctors”), the film follows a dutiful husband and loving father (Bhatti) whose life falls apart when decades of festering secrets are exposed and he’s forced to face up to who he really is.
Anna Vakili since she rose to fame on Love Island in 2019 then you’re probably aware that she’s VERY close to her sister Mandi. The siblings always attend events together, have launched their own shoe collection with Simmi Shoes and recently started their own podcast called Sisters in the City.However, Anna and Mandi left us scratching our heads over the weekend when we saw a photo of them posing with their “triplet” on social media.
Fremantle has acquired a 25% stake in Henrik Bastin’s Fabel Entertainment, the international development and production outfit behind Prime Video’s cop drama series Bosch.
Vigil and Gentleman Jack star Suranne Jones is creating a three-part relationship drama for ITV.
Glass Animals’ hit song ‘Heat Waves‘ has reached Number 1 on the Billboard Hot 100 chart.It was released in 2020 and has spent a record-breaking 59 weeks on the chart, making it one of the longest runs to the top of the charts in history. The previous record was held by Mariah Carey’s ‘All I Want For Christmas Is You’, back in December 2019.During its time on the charts,’Heat Waves’ has been a runaway success on multiple formats, including radio, streaming services and TikTok.Longest climbs to No.
Eamonn Holmes has been spotted walking with a stick a year after he opened up about his difficult battle with chronic back pain. The 62-year-old presenter has spoken candidly about his health issues after suffering three slipped discs, and he’s stepped out again showing the extent of the problem. The former This Morning star was still all smiles as he attended the Turn The Tables 2022 event at Bafta Piccadilly in London, all in aid of Cancer Research UK.
It's a tune that transcends time. An earworm that earned an Aussie soap star five weeks atop the singles chart. A song that cemented Stock Aitken Waterman among pop's most prolific producers.
Stacey Solomon has confirmed she’s landed a new TV role and confessed she “can’t believe” it.The Loose Women star has replaced comedian Tom Allen as co-host of Bake Off: The Professionals.The 32 year old will present the Channel 4 show alongside former Bake Off contestant Liam Charles, who also acts as a judge on Junior Bake Off.The news was confirmed on the GBBO’s official Twitter account after Stacey teased that she'd been filming something away from her home. The tweet read: “Choux la la! We’re chuffed to announce that @StaceySolomon will be joining @LiamCBakes, @BenoitBlin_MCA and @Cherish_Finden for the next series of Bake Off: The Professionals.
Lynwen Brennanm, Executive Vice President and General Manager of Lucasfilm, will be the recipient of this year’s Lifetime Achievement Award from the Visual Effects Society (VES) in recognition of her contributions to visual arts and filmed entertainment.
Sean Fletcher gave a moving tribute to Jamal Edwards on Good Morning Britain after attending a vigil in London. Jamal, the son of Loose Women’s Brenda Edwards, was just 31 when he tragically died on Sunday morning from a sudden illness.