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Technicolor, Owner of The Mill and MPC, Is Shutting Down

  • Technicolor Group is shutting down operations of its studios The Mill and MPC due to severe financial challenges.
  • The company sent a Worker Adjustment and Retraining Notification to U.S. Employees, indicating a closure as early as February 25.
  • Technicolor's U.K. Branch has also filed for administration, affecting its global operations and workforce of over 6,000.
  • Chief Executive Caroline Parot noted that external headwinds, including the U.S. Writers' strike, worsened the company's financial situation.
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Cartoon Brew broke the news in Burbank, United States on Monday, February 24, 2025.
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