|By Marketwired .||
|December 10, 2012 02:18 AM EST||
PARIS -- (Marketwire) -- 12/10/12 --
Technicolor expands worldwide footprint in Media & Entertainment market
Strategic Alliance in Australia with Village Roadshow Ltd, a leading Entertainment Company
Technicolor (EURONEXT PARIS: TCH) today announced a Strategic Alliance with Village Roadshow Ltd, a long-standing customer and a leading entertainment company operating in Film and DVD Distribution, Cinema, Film Production, Theme Parks and Music. This agreement further strengthens Technicolor's worldwide footprint by expanding its presence in Australia, where the Group is already well-established as the country's largest DVD/Blu-ray disc replicator. It will also strengthen its Australian operations.
Since 2000, Technicolor is Village Roadshow's exclusive DVD and Blu-ray manufacturing supplier. The Group served both Australian and internationally produced titles such as Happy Feet, Red Dog, Sex & the City 1 & 2, Sherlock Holmes, The Hurt Locker, Ocean's 11, 12 & 13, I am Legend, Mao's Last Dancer, Underbelly and many others.
Under the strategic alliance announced today, Technicolor and Village Roadshow will jointly progress the transition to digital content creation and delivery, and will further extend Technicolor's existing service offerings in the Australian market including:
* Digital Cinema distribution Service Support
* DVD/BD manufacturing and distribution - through Technicolor's acquisition of the Roadshow distribution centre including the distribution responsibilities for Warner Bros and Paramount Home Entertainment as well as Roadshow Entertainment
* Digital Encoding, Content Preparation, Transcoding and Related Digital Media Services including MediAffinity.
"We are delighted to be broadening our relationship with a leading entertainment company such as Village Roadshow Ltd," said Frédéric Rose, CEO of Technicolor. "Leveraging our synergies, we will be able to provide cutting-edge services to the Australian Media & Entertainment market"
"This strategic alliance is an important milestone, as Technicolor will become a key-partner in the provision of Entertainment Services in particular for our Film, DVD and Digital Distribution business in Australia. We look forward to expanding our close working relationship and thus further developing and distributing compelling content to consumers." said Chris Chard, Managing Director Roadshow Films Pty Ltd.
A strategic alliance strengthening Technicolor's worldwide strategy
Technicolor is a global leader in production and postproduction services, and one of the main worldwide providers for Film, Digital Cinema and DVD services for content producers/owners.
In Australia, in addition to Village Roadshow, Technicolor has been a long-standing DVD and Blu-ray service provider to Warner Bros Entertainment, The Walt Disney Company, Universal Pictures International, and Paramount Pictures. Technicolor employs over 220 employees in its DVD and digital media services operations - with replication operation in Melbourne and packaging, digital media services (including digital cinema) and returns processing facility in Sydney. More broadly, Technicolor is a long term partner of Australia's leading Service Providers and content distributors like Telstra and Foxtel, providing a wide range of products and services, in particular our market leading digital home products like the Telstra's T-Hub®.
The alliance signed with Village Roadshow is perfectly aligned with the Group's strategy to extend the range and depth both of its product and service offerings and its geographical coverage, while developing new solutions to support the transition of its customers to digital.
Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. We also benefit from an extensive intellectual property portfolio focused on imaging and sound technologies, based on a thriving licensing business. Our commitment: supporting the delivery of exciting new experiences for consumers in theaters and homes. Euronext Paris: TCH www.technicolor.com
About Village Roadshow
In movie production Village Roadshow, through its investment in the Village Roadshow Entertainment Group is one of the most successful independent co-producers in Hollywood and in partnership with Warner Bros has produced hits including The Matrix trilogy, the Ocean's trilogy, Charlie and the Chocolate Factory, Happy Feet, Get Smart, I am Legend and Sherlock Holmes and the upcoming The Great Gatsby. Village Roadshow through its ownership of Roadshow Films is the leading independent Film, DVD, TV and Digital distributor in the Australian market. Village Cinemas jointly owns and operates 507 screens across 50 sites in Australia, 81 screens at 10 sites in Singapore, 67 screens at 9 sites in the USA and 12 screens in the UK. Village Roadshow has also been involved in Theme Parks since 1989 and is Australia's largest theme park owner and operator - Warner Bros Movie World, Sea World, Wet 'n' Wild.
Village Roadshow VUS:
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: TECHNICOLOR via Thomson Reuters ONE
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Aug. 2, 2015 10:00 PM EDT Reads: 678
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Aug. 2, 2015 07:15 PM EDT Reads: 219
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
Aug. 2, 2015 06:00 PM EDT Reads: 1,127
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Aug. 2, 2015 05:45 PM EDT Reads: 508
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
Aug. 2, 2015 04:00 PM EDT Reads: 422
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Aug. 2, 2015 03:00 PM EDT Reads: 546
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
Aug. 2, 2015 02:00 PM EDT Reads: 251
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
Aug. 2, 2015 12:00 PM EDT Reads: 346
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
Aug. 2, 2015 11:45 AM EDT Reads: 480
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
Aug. 2, 2015 11:15 AM EDT Reads: 354
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
Aug. 2, 2015 11:00 AM EDT Reads: 175
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
Aug. 2, 2015 09:00 AM EDT Reads: 1,698
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
Aug. 2, 2015 08:15 AM EDT Reads: 184
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
Aug. 2, 2015 07:00 AM EDT Reads: 183
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
Aug. 1, 2015 10:00 AM EDT Reads: 338