What Technicolor’s Collapse Teaches Us About Cognitive Lock-in

What Technicolor’s Collapse Teaches Us About Cognitive Lock-in

After 110 Years, the visual effects company behind movies like Dune and Wizard of Oz, shut down.

The Canadian Division of the Special Effects Giant made 300 layoffs in Montreal and Toronto. Employees have not been paid since February 2.

Technicolor | The storied firm's collapse reflects a wider crisis in the VFX industry

The collapse of Technicolor has also seen the closure of The Mill and MPC, pointing to a growing crisis in the VFX business. Last weekend, VFX supervisor Paul Lambert accepted a Best Visual Effects Oscar for his work on Dune: Part Two. In his conspicuously brief speech, he paid tribute to the numerous companies that contributed to the sci-fi epic’s spectacular imagery, including the “incredible” Moving Picture Company (MPC). The namedrop was a p…