Category Archives: Business

4660 articles found

Comcast Buys DreamWorks Animation

Comcast to Buy DreamWorks Animation for $3.8 Billion

Comcast has purchased DreamWorks Animation in a deal valued at approximately $3.8 billion. DreamWorks Animation now becomes part of division NBCUniversal's Universal Filmed Entertainment Group. DreamWorks CEO and co-founder Jeffrey Katzenberg will become chairman of DreamWorks New Media — basically online media … more »

Deluxe VR

Deluxe Launches Dedicated VR Unit in LA

Another established industry player is gearing up to produce next-generation content with the official launch of Deluxe VR, a new unit of Deluxe Entertainment Services Group. Based out of Los Angeles, the company is angling to provide prodution and post … more »

The Foundation

Post House The Foundation Opens in Burbank

Technicolor veterans Gareth Cook and Clifton Dugan have opened The Foundation, a new 5,700-square-foot post house in Burbank that's operating in partnership with New York-based Sixteen19 and LA facility Vortechs. Cook is managing partner and senior colorist for The Foundation; Dugan is … more »


Technicolor PostWorks Expands, Adding 50,000 Square Feet in Midtown Manhattan

Technicolor PostWorks is expanding uptown with more than 50,000 square feet of editing space — translating to more than 120 editing rooms — set to open early this summer at 1411 Broadway, just south of Times Square. Officials said the … more »

Stefan Sonnenfeld

Deluxe Names Stefan Sonnenfeld Chief Creative Officer

Stefan Sonnenfeld, the renowned colorist and Company 3 co-founder who originally got into post-production with a summer job delivering dailies for TV's Miami Vice, has been named chief creative officer of Deluxe Entertainment Services Group. Sonnenfed will keep his seat … more »

Adobe Stops Reporting Subscription Figures for Creative Cloud

Citing new and widely varying price-point options for its Creative Cloud service, including a recently launched program targeting the K-12 educational market, Adobe said today it will no longer provide quarterly updates on Creative Cloud subscriber growth. Executives said that, because … more »

Reel FX Names Steve Nix New Head of VR Division

Games industry veteran Steve Nix has joined Reel FX as general manager of Reel FX VR, overseeing development, strategy and technology for the division. Nix was most recently CEO and co-founder of mobile gaming tech developer Yvolver, which was acquired … more »

Autodesk logo

Kodak CEO Jeff Clarke to Join Autodesk Board of Directors

Autodesk said today that it had appointed Kodak CEO Jeff Clarke, Sachem Head Capital Management Managing Partner Scott Ferguson, and Tessera Technologies Chairman Rick Hill to its board of directors. The announcement arrived along with news that Autodesk had settled … more »

Technicolor Hires Sound Designer Scott Gershin to Launch New Gaming/VR Department

Supervising Sound Editor Scott Gershin is the new director of sound editorial at Technicolor, where he will head a new department creating sound for video games, virtual reality, theme parks, installations, and other immersive experiences. Gershin's department will be based … more »

Park Pictures Signs OK Go Frontman/Director Damian Kulash

Well-known for his skill at creating viral videos for his band, OK Go, director Damian Kulash has been signed by Park Pictures for worldwide representation. The company said the 15 videos he has directed or co-directed have generated more than … more »