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.
The new CG series is based on the best-selling PlayStation game franchise of the same name, representing a collaboration among Technicolor, Sony Interactive Entertainment and investment group PGS, and will be distributed for audiences around the world.
Technicolor Animation Productions and France’s TF1 to co-produce new CG-animated children’s series ‘Monchhichi’ in collaboration with Japan’s Sekiguchi.
