Tag Archives: Deluxe

Why film will end by late 2013


Panel Participants: 
John Fithian – President & CEO, National Association of Theatre Owners
Joe Hart – Senior Vice President, Deluxe Digital Cinema 
Larry O’Reilly – Executive Vice President Theatre Development, IMAX
Joel Pearlman – Managing Director, Roadshow Films & Chairman, Motion Picture Distributors Association of Australia
Allan Stiles – Managing Director, Grand Cinemas & Board Member, National Association of Cinema Operators-Australasia
Wayne Duband – former CEO, Warner Bros. International & current Independent Representative for Major Product

The site for all the posts is: CineTechGeek

Index of Posts

[Update] Deluxe/Technicolor Agree–Death Rattles of Film

Both companies have gotten into digital post and distribution services in a big way, Deluxe purchasing several companies recently and making agreements with companies such as EchoStar for satellite distribution direct to cinemas. Technicolor has been growing into these services more organically. But as the 50% penetration of digital media players and projectors is approaching and the tipping point of more digital ‘prints’ than film prints is also reached, film becomes legacy.  

No news about who gets the volume discount remuneration from Kodak at the end of the year or how studios will mark up the interstitial services.

Original SOURCE Deluxe Entertainment Services Group Inc.-18 July 2011

Technicolor Source:Digital Cinema Buyers Guide – Latest News

Signs subcontracting agreements with Deluxe for Film services in North America, Thailand and UK

Technicolor announces the launch of phase II of its photochemical film activities optimization. This follows the completion of the first phase of rationalization launched in October 2010, and will enable the Group to optimize worldwide 35mm print manufacturing capacities as well as leveraging its North American theatrical distribution infrastructure.

This phase II is structured around subcontracting agreements with Deluxe, covering:

· 35mm release print manufacturing

· Subcontracting agreement from Technicolor to Deluxe in North America

· Subcontracting agreement from Deluxe to Technicolor in Thailand

· Subcontracting agreement from Deluxe to Technicolor for negative development in the UK

Theatrical distribution

Subcontracting agreement from Deluxe to Technicolor for the distribution of photochemical film prints in the US

Technicolor will continue to service its clients, and Technicolor and Deluxe remain competitors in all markets where they operate. Technicolor maintains its front end activities in North America and remains the key provider of 65/70mm film printing worldwide.

Following the rapid shift to digital cinema since 2010, the Group launched phase I of its photochemical film optimization in the fourth quarter of 2010, with the closure of its North Hollywood facility and rationalization across European operations. Phase II subcontracting agreements lead the Group to cease its release printing manufacturing operations in Mirabel (Canada), employing 178 people, with immediate effect.

This enables the Group to have a more flexible cost structure with the share of variable costs moving from 60 to 85% in North America. In addition, the cash restructuring costs linked to the implementation of this phase II are expected to be offset by savings on photochemical maintenance capex and by the favorable impact of incremental distribution volumes.

The phase II will ensure that the Group focuses its investments in digital services where it already benefits from market leading positions, while continuing to serve its customers through the tail of film processing.

Deluxe On Ascent [Updated]

This weeks press release brings them not only the digital library services of Ascent Media, but many boutique post sites as well. If they can give each enough rein to do what they are good at, support them with assets that make each different, and not force corporate overheads that buy Jaguars for the VPs but inhibit innovations, they might get out of this transition in good shape.

Brief Update: On 31 December, Deluxe issued a press release announcing that they have completed the transaction.

Hollywood, CA November 24, 2010 — Deluxe Entertainment Services Group Inc. announced today that it has signed an agreement with Ascent Media Corporation (NASDAQ: ASCMA) to acquire Ascent’s Creative Services and Media Services businesses, including the well-known brands of Company 3, Beast, Method, Rushes, Encore Hollywood and Level 3 Post. 

The acquisition will also enhance Deluxe’s services for clients that include life-cycle library management and digital asset management. Digital services include file based mastering, archiving, digital distribution, DVD and Blu-ray authoring. 

Deluxe is the world’s largest processor of film for the motion picture industry and the industry’s largest provider of Blu-ray authoring services. Over the last few years Deluxe has significantly increased its service offerings in digital services and content delivery. The company’s pipeline includes 2D and 3D post production services from film or digital capture to digital intermediates with the proprietary EFILM® workflow, theatrical release (35mm and digital cinema), and home entertainment services for every digital media platform. 

“Deluxe is well positioned to take our company into the future as technologies continue to transform how customers create and distribute content for films and television programs,” said Cyril Drabinsky, President and CEO of Deluxe. “We look forward to this talented group of people joining the Deluxe team,” adds Drabinsky. 

The transaction is subject to customary closing conditions and is expected to close by the end of the year.