Category Archives: Business

4612 articles found


Dell to Buy EMC in $67 Billion Deal

In a deal worth more than $60 billion — apparently the largest pure IT acquisition in history — Dell has signed a deal to buy EMC. The move is meant to give the companies a better position in burgeoning markets including software-defined … more »


Q&A: VideoBlocks CEO Joel Holland

Since Joel Holland launched VideoBlocks in 2010, his Netflix-like subscription model for all-you-can-eat stock footage has made an aggressive play in the stock marketplace. The company became a resource for content creators who wanted a broad no-muss, no-fuss library of … more »

Lifetime Hires New VP for Original Movies, Sebastian Dungan

Lifetime is staffing up in production — noted indie-film producer Sebastian Dungan has been named VP of original movies at the cable channel. Dungan will be in charge of development and production of Lifetime Original Movies, reporting to SVP of Original … more »


Aardman Acquires Nathan Love Animation Studio

Aardman is expanding geographically with the acquisition of New York animation studio Nathan Love. The rebranded company, to be known as Aardman Nathan Love, will be Aardman's first permanent production facility outside of the U.K. "This venture is not about … more »

VFX Supervisor Stephan Fleet Joins Zoic Studios

VFX supervisor Stephan Fleet has joined Zoic Studios. Formerly executive creative director at Encore Hollywood, Fleet's TV series credits include Extant, The Whispers, and Scorpion. "We are thrilled and incredibly fortunate to have Stephan join the Zoic family," said Zoic Executive Creative Director … more »

Adobe Creative Cloud Subscriptions Cross 5 Million Mark

Adobe said yesterday that Creative Cloud subscriptions had grown to 5.3 million subscribers in its third fiscal quarter ending August 28, a 90 percent increase from this time last year.  Adobe added 684,000 new subscribers in the quarter and 2.5 … more »


Merged Quantel and Snell Operations Now Known As SAM

Say goodbye to Quantel and say hello to Snell Advanced Media — or, as the new combination of the former Quantel and Snell organizations now refers to itself, SAM. The Quantel name remains in evidence on the Quantel Rio color and finishing systems … more »


Technicolor Buys The Mill for $292 Million, Gaining Bigger Footprint in Advertising Market

Technicolor said today that it has acquired London-based VFX and content-creation studio The Mill for €259 million (about $292 million) from majority shareholder Equistone Partners Europe and management shareholders. The transaction closed today, with regulatory approvals already obtained, Technicolor said. The purchase is … more »


Amazon Buys Multiscreen Video-Processing Firm Elemental Technologies

Amazon is buying Elemental Technologies, which makes software-defined video applications for multiscreen content delivery, and integrating the company's offerings in its Amazon Web Services (AWS) platform. Portland,Oregon-based Elemental provides technology for OTT applications including the BBC iPlayer, CNNGo, and HBO Go. … more »

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Autodesk to End All Perpetual Licensing in July 2016

All Autodesk software, including suites as well as standalone products, will be available only on a subscription basis beginning August 1, 2016, company officials said today. The announcement follows the company's already specified January 31, 2016, deadline for ending perpetual licensing … more »