Technicolor Develops Imaging Group Adding Complete Post

26-Apr-00

Technicolor Film Group, the world's leading processor of motion picture film, announced that it has created a new Imaging Group and has also added Complete Post Inc. to the Technicolor Film Group family. The Imaging Group will extend Technicolor Film Group's global leadership in film services, focusing on providing existing digital services in the post-production market. Additionally, the Imaging Group will focus on next-generation digital film opportunities and services. The Imaging Group will initially include Complete Post as well as the Restoration businesses of CFI and Technicolor and other CFI imaging operations. Long considered one of Hollywood's most successful video and audio post-production facilities, Complete Post will broaden the capabilities of the Imaging Group, providing significant resources and expertise as the group extends its scale and scope. Walter Schonfeld, President of the Technicolor Film Group said, ""We are bringing our leading-edge and newly developed resources into a single group, positioning us to provide unmatched capabilities and services to our customers. The combined power of Complete Post, CFI and Technicolor imaging services will help extend our lead in the advanced and digital film services market."" Bob Beitcher, former President and CEO of CFI, has been appointed President of the Technicolor Imaging Group, leading the formation of the new entity which will focus on growth opportunities in digital post production. Beitcher stated, ""We are looking forward to connecting our customers with a new array of services along with our traditional film services. Whether our customers want to work on film or use a digital master, we will be able to serve their needs."" Bob Brian, who continues as President of Complete Post reporting to Beitcher, said, ""Technicolor and CFI have always been among the most respected companies in entertainment. Adding Complete Post to the Imaging Group will create value for our own business and to the industry as a whole."" For more than three decades Complete Post Inc. has been one of the most diversified and successful businesses in the post production area. Driven toward achieving ""A Great Finish. Every Time,"" Complete Post's leadership in the areas of digital post production for series, specials, motion pictures, commercials, graphic animation and effects can be credited to a continued investment in both technology and a talent team with the highest levels of expertise. In addition to its acclaimed editorial resources, Complete Post offers digital audio through Complete Sound, full service DVD creation at Complete Post's DVD Center, creative broadcast design through its in-house agency Anti-Gravity, and resources targeted to film and television client's specific needs such as Studio Advertising Services. Technicolor is the worldwide market leader in the processing of motion picture film as well as the world's largest independent producer of videos and DVDs, with plants on the east and west coasts of the United States, Canada, Mexico and throughout Europe.