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

Technicolor, Owner of VFX Firm Behind Disney-Marvel Blockbusters, Halts Operations Due to Sudden Financial Collapse

The Technicolor Group has begun shutting down operations across multiple markets and countries after it failed to find new investors to deliver an injection of funds.

RECIT - The group, based in Paris, was placed in judicial reform in France and bankruptcy proceedings in the United Kingdom. It could announce the end of its activities in the United States from one day to the next.

In financial difficulty, the animation group has been placed in judicial reform in France and has since Monday undergone a similar procedure in the United Kingdom, threatening thousands of jobs.

Over 10,000 Animators Impacted Globally As VFX Powerhouse Technicolor Shuts Down Key Studios; Internet Blames AI

End of an era for the century-old giant that shaped Hollywood

Iconic visual effects studio Technicolor begins shutting down operations

Majority of the Group’s 440 workers in UK have been ‘made redundant’, company says

The Mill Brain Trust Moves To Dream Machine FX Under New Banner As Technicolor Shutters U.S. Operation

The leadership team and much of the creative staff of The Mill, a unit of bankrupt Technicolor, has joined forces with Dream Machine FX on a new venture called Arc Creative,