Company will retain 35% stake in new entity that includes MPC for film and episodic VFX, The Mill for advertising, Mikros for animation, and Technicolor Games for the gaming industry; debt refinancing also planned, with deal set to conclude the latter part of Q3 2022.
Technicolor Animation Productions, Technicolor Animation, and Mikros will integrate their businesses under Andrea Miloro’s leadership, unifying their animation brand within the recently announced Technicolor Creative Studios group.
Production Services division becomes Technicolor Creative Studios, with new leadership team focused on design, direction, and production in VFX, XR, and animation.
Industry veteran brings 20+ years’ experience as an animation director and supervisor at leading VFX studios; his appointment further broadens the company’s global animation team.
Led by MPC VFX supervisor Guillaume Rocheron and VFX producer Philip Greenlow, the UK-based Moving Picture Company serves as the lead VFX studio bringing the iconic title creature to life in Warner Bros Pictures’ and Legendary Pictures’ ‘Godzilla.’
