Technicolor Creative Studios (TCS) has announced the evolution of its Executive Committee with: The promotion of Jean-Paul Burge from Global President of MPC – the film division of TCS – to Chief Commercial Officer for the Company. The appointment of Michael Masset as Chief People Officer The extension of Stéphanie Fougou’s portfolio of responsibilities with […]
Technicolor Creative Studios has announcesdan update of the implementation of its refinancing. New chapter of Technicolor Creative Studios’ Refinancing: Execution on March 27, 2023, of a conciliation protocol by its lenders and main shareholders First tranche refinancing drawdown early April in aggregate principal amount of €85,000,000 and second tranche in aggregate principal amount of €85,000,000 […]
Following the announcements of November 15th and November 30th, 2022, the Board of Directors of Technicolor Creative Studios has appointed external advisors to perform an independent review of the Company’s businesses to identify areas for improvements from an operational, organisational and financial perspective. This review has allowed the Company to define a further set of […]
Connected technology specialist Vantiva, formerly known as Technicolor, has partnered with French multiplay telco Bouygues Telecom to be one of the manufacturers of the Bbox Wi-Fi 6, an eco-designed customer premises equipment (CPE) that supports fibre-to-the-home (FTTH) broadband access for Bouygues Telecom’s subscribers. The Bbox Wi-Fi 6 is the first Green Product Mark-certified gateway to […]
VANTIVA (formerly known as Technicolor) has partnered with Deutsche Telekom to deploy a next-generation DOCSIS 3.1 and Wi-Fi 6 gateway called Magenta Home Box Fiber. The new gateway allows Austria’s Magenta Telekom, which was recently acquired by Deutsche Telekom, to optimise broadband, gaming and Wi-Fi experiences for business and connected home subscribers with the latest […]
Set-top box (STB) shipments continued to decline in 2021, driven by a combination of migration to streaming, market saturation, consumer cost-cutting measures, and supply chain constraints, according to technology intelligence firm ABI Research’s Set-Top Boxes and CPE market data report. ABI Research says that a global, subdued demand will result in a contraction of global […]
Technicolor Creative Studios has commenced operating as a standalone company, following the distribution of 65 per cent of its shares by Technicolor (under the ticker symbol TCHCS) to its shareholders and the concurrent listing on Euronext Paris. The technical reference price for each Technicolor Creative Studios’ share (amounting to €1.9539 per share) for the opening […]
Technicolor’s CEO Richard Moat, speaking to analysts following on from his company’s financial results, said that Technicolor Creative Studios (TCS), a major supplier of VFX and post-production services to Netflix and other broadcasters, was still extremely busy. “In terms of the [content demand] pipelines, which we see for the remainder of this year and into […]
Entertainment technologist Technicolor is launching its new brand, VANTIVA, in the wake of the proposed spin-off of Technicolor Creative Studios (TCS) announced in February. The new brand will be comprised of the Connected Home and DVD Services operations. By the end of the third quarter, subject to shareholder approval, VANTIVA will also become the new […]
Technicolor, the Media and entertainment technologist, has published its results for the first quarter 2022. Revenues were at €756 million, approximately flat at constant exchange rates and up 6.6 per cent at current exchange rates. The company reported adjusted EBITDA of €55 million, up €16 million (+€11 million at constant exchange rate), with margin improving […]