Posted on 02/28/2025 3:31:15 AM PST by Libloather
Hollywood may soon need to bid farewell to a visual effects giant credited with bringing classic films such as “Gone with the Wind” and “The Wizard of Oz” to full color.
Technicolor, the 110-year-old company that pioneered color motion picture processes, told its employees this week that it has been unable to find emergency investments to keep the firm afloat.
“Due to inability to find new investors for the full Group, despite extensive efforts, [Paris-headquartered] Technicolor Group has filed for Court ‘recovery procedure’ before the French Court of Justice to give a chance to enable to find solutions,” Technicolor Group CEO Caroline Parot wrote in a memo.
“This decision was not taken lightly; every possible path to preserve our legacy and secure the future of our teams will be thoroughly explored to offer a chance to each of its activity to be pursued with new investors,” Parot added.
News of the memo was first reported by the entertainment trade magazine Variety.
Technicolor is renowned for revolutionizing color filmmaking with its groundbreaking Technicolor Process, which introduced rich, vibrant color to cinema.
Established in 1915, the company developed a series of color systems, with Technicolor’s three-strip process, introduced in the 1930s, becoming the most famous.
(Excerpt) Read more at nypost.com ...
Noonan sounds like a drama queen pansy
I same the colorists who think that minimalist color is chic and cool. It isn’t. They got into “color grading” films, and at first, it might looked OK for some gritty type films, but then everyone jumped on the bandwagon and pretty soon movies were saturated, or denatured actually, all the same, and it became boring and ugly. There is a term “everything in moderation “, and this issue shows why it’s never a good thing to go all out and flood the market with something that is new or different.
Some directors are always saying “We absolutely needed to shoot this movie on film.” Enough directors or movies that film won’t entirely die, but probably not enough to keep Kodak or Technicolor in business.
I wonder about how films are shown in other, “less developed” countries. They can’t all be streaming, can they? So there must still be some demand for film and film processing in the global market?
I love that film.
They must be brothers of those who think tube electronics reproduces music better than digital media. Digital photography offers wider exposure latitude, more accurate reproduction of color at all light levels, and near linear response to color and brightness.
Starting in the 1960s, I used a lot of film and developed and printed in my home lab. After using a digital camera and Photoshop, I gave all that equipment away.
ASAP
Add North By Northwest to your list...
I bought a series of forgotten adventure movies from the Hollywood Scrapheap which are still in beautiful technicolor. It is hard to believe such forgotten movies exist, and are still better than modern made movies.
Everything is being done with CGI on green screens, even when it is completely unnecessary or makes no sense.
Hollywood crashed and burned sometime before 2005 and is circling the toilet bowl. Hollywood can’t make a good movie today. Woke broke them.
With film gone that’s not a surprise. Honestly the surprise is they’re still around.
We’ll still have color, only cinematography seems to be a lost art nowadays with all the lighting the same in every frame.
Since everything went digital, the cinematography sucks. Everything is the same, no highlights.
Exactly, cinematography seems to be a lost art.
I saw it
Hollywood is DEAD! And who cares!
Maybe if the used technicolor they would be making money.
Teal and Orange - Hollywood, Please Stop the Madness
http://theabyssgazes.blogspot.com/2010/03/teal-and-orange-hollywood-please-stop.html
5 Annoying Trends That Make Every Movie Look the Same
https://gointothestory.blcklst.com/5-annoying-trends-that-make-every-movie-look-the-same-e73df7364267
Colors: Where did they go? An investigation.
Why do so many TV shows and movies look like they were filmed in a gray wasteland?
https://www.vox.com/culture/22840526/colors-movies-tv-gray-digital-color-sludge
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