Category Archives: Business

4667 articles found

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 »

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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 »

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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 »

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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 »

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HP Retains Its Lead in Workstations — But Just Barely, Research Finds

HP is still the leader in workstation sales, but a reinvigorated Dell is coming on strong, according to new figures from Jon Peddie Research (JPR) that show Dell pulling within three percentage points of the leader in market share by units. That's … more »

Shade VFX Names Lisa Maher Executive Producer

Shade VFX, a film and television visual effects facility with offices in LA and New York, has just named Lisa Maher executive producer. Maher was formerly business development executive at Shade. She will oversee work in the studio's offices in Santa … more »

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Jason Dowdeswell Will Lead FuseFX in Vancouver

Jason Dowdeswell has been named head of production and senior VFX supervisor at FuseFX in Vancouver. Formerly VP of production operations at Sony Pictures Imageworks in Vancouver, Dowdeswell will be in charge of production activities at FuseFX's Vancouver operations, including a … more »

O.D. Welch Named President of Digital Domain

O.D. Welch, formerly of Cameron | Pace, Prime Focus, and ComputerCafe, is the newly appointed president of Digital Domain (DD).  A specialist in visual effects and production management, Welch will manage day-to-day operations at DD's facilities in Playa Vista, CA and … more »

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Pro Sound Effects to Give Schools a Free Semester of Access

Brooklyn-based Pro Sound Effects is offering the first 50 schools to apply by September 15 free unlimited access to 50,000 of its royalty-free sound effects for use in their non-commercial films, videos, audio productions, apps or other creative projects during the … more »