Technicolor
Technicolor's principal activity was the making of positive prints of motion picture films.
1916 Technicolor Motion Picture Corporation was founded in the USA by Dr Herbert T Kalmus.
1923 Established its first film processing laboratory in Hollywood
1930s the Technicolor group pioneered the production of motion pictures in colour.
Early 1940s the Technicolor group was floated on the stock exchange in the USA
Subsequently expanded both the range and geographical spread of its activities. Other film processing labs were in New York, Rome and West Drayton (see Technicolor (UK))
1983 the Technicolor group was acquired by MacAndrews and Forbes Holdings Inc. A number of subsidiary interests were sold, leaving the processing of 35mm and 16mm film and the production of pre-recorded video cassettes as core businesses.
1988 Acquired by Carlton Communications
1989 The MGM laboratory in Hollywood was closed
1996 Technicolor was the world's largest producer of pre-recorded video cassettes and contributed around a third of Carlton group revenues.[1] Three dormant subsidiary companies, Technicolor Film Services Limited, Technicolor Vidtronics Limited and Color-Point Marketing Limited.
The Technicolor group includes Technicolor Inc and Technicolor SpA, which carry out motion picture film processing in New York and Hollywood and in Rome. The production of pre-recorded video cassettes was carried on by other companies in the group.
2000 Sold by Carlton Communications to Thomson Media
- for UK subsidiary see Technicolor (UK)
See Also
Sources of Information
- ↑ Financial Times April 11, 1996
- The Scotsman, December 11, 2000
- Competition Commission report [1]