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01.05.25 - 12:36
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CommScope Reports First Quarter 2025 Results (Business Wire)
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First Quarter Highlights
Net sales of $1.11 billion
GAAP income from continuing operations of $289.7 million
Core non-GAAP adjusted EBITDA of $245.2 million* (1)
Non-GAAP adjusted EBITDA of $240.3 million (1)
Cash flow used in operations of $(186.9) million and free cash flow of $(202.4) million (1) (2)
* Core financial measures reflect the results of the Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS) segments, in the aggregate, and exclude general corporate costs that were previously allocated to the Outdoor Wireless Networks (OWN) segment, Distributed Antenna Systems (DAS) business unit and Home Networks (Home) segment, since these costs were not directly attributable to these discontinued operations. Beginning in the first quarter of 2024, these costs related to our Home segment have been reallocated to our remaining segments and partially offset by income from the Vantiva TSA. Beginning in the first quarter of ...
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14.04.25 - 15:03
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TransPerfect Acquires MPC and The Mill Studios (PR Newswire)
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Company Welcomes Staff from Former Technicolor Group Divisions NEW YORK, April 14, 2025 /PRNewswire/ -- TransPerfect, the world's largest provider of language and AI solutions for global business, today announced it has acquired two France-based Technicolor Group studios: MPC and The Mill.......
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02.03.25 - 16:33
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110 Year Old Filmmaking Company Technicolor Shutting Down, Laying Off 217 Employees (ZeroHedge)
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110 Year Old Filmmaking Company Technicolor Shutting Down, Laying Off 217 Employees
Technicolor, the iconic 110-year-old company that transformed filmmaking, is reportedly shutting down. Known for classics like The Wizard of Oz and Singin' in the Rain, the brand is closing operations, according to Variety and other sources, according to SFGate.
Technicolor Creative Services filed a WARN notice Monday, announcing the permanent closure of its Culver City location and the loss of 217 jobs, with broader impacts likely. Facing financial struggles and lacking new investment, the company has been in decline for some time.
A notice to employees read: "As we have communicated over the past months, Technicolor has been facing severe financial challenges. Despite exhaustive efforts—including restructuring initiatives, discussions with potential investors, and exploring acquisition opportunities—we have been unable to secure a viable path forward. Unfortunately, this leaves us with no alternativ...
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02.03.25 - 14:36
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First, catch your (CGI) dragon: hope that visual effects breakthrough can reanimate UK film industry (The Guardian)
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Pioneering startup technology allows camera operators to see on-screen graphics while filming in real world, rather just imagining themEven the most talented visual effects artists would struggle to make their profession sparkle right now.Technicolor, one of the most famous names in movies, went into administration last week, a symptom of a malaise hanging over a British film industry hit by budget cuts and competitors overseas. Continue reading......
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02.03.25 - 03:30
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TransPerfect Acquires Technicolor Games (PR Newswire)
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Leading Gaming Studio to Become Division of TransPerfect Gaming SAN FRANCISCO and BANGALORE, India, March 1, 2025 /PRNewswire/ -- TransPerfect, the world's largest provider of language and AI solutions for global business, today announced it has acquired Technicolor Games, the gaming......
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