Get the latest tech news
Historic visual effects studio Technicolor collapses in UK
The company's UK entity has filed for administration, with staff told to stay home.
Technicolor owns a brace of leading visual effects studios including MPC, Mikros Animation and The Mill, with operations in the US, UK, Canada and India It has been a major force in the VFX industry delivering big budget movies such as recent computer-animated remakes of Disney's The Lion King and the Jungle Book. According to animation news publisher Cartoon Brew an email sent over the weekend by chief executive Caroline Parot said "external headwinds" had exacerbated problems caused by factors including post-covid recovery.
Or read this on BBC News
