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HOLLYWOOD, Calif.,—Oct 22, 2009
Strong Industry Support Accelerates Technicolor 3D Rollout
Multiple Movie Studios Planning on Showing Content in Technicolor 3D
homson (Euronext Paris: 18453; NYSE: TMS), through its Technicolor Business Group, today announced support from multiple major motion picture studios for the release of theatrical content presented in Technicolor 3D, a high‐quality 3D solution that works with existing 35mm projectors that was announced last month. DreamWorks Animation, Lionsgate, Paramount, Overture, Universal Pictures, Warner Bros., and The Weinstein Company are working with the company to deliver content for presentation in Technicolor 3D.
With the continuing success of 3D movies at the box office, 17 3D titles have already been announced for 2010 release, with more expected from several distributors. The studios noted above account for the majority of these titles, including
How to Train Your Dragon, Piranha 3D, Shrek Forever After, Despicable Me, Cats & Dogs: The Revenge of Kitty Galore, Friday the 13th: Part 2; Guardians of Ga’Hoole, Alpha and Omega, Burst, Oobermind,
Additionally, Deluxe Entertainment Services Group Inc. has agreed to enter into a marketing and technology arrangement with Technicolor and will provide their customers with the necessary post production and film printing services to deliver Technicolor’s 3D solution. Kodak and Fuji have also announced support of the Technicolor 3D solution and will be working with Technicolor and Deluxe to ensure their film stocks are delivering the highest quality possible for the Technicolor 3D experience.
"The Technicolor 3D rollout substantially increases the 3D theatrical footprint, delivering to studios a larger platform for reaching masses of moviegoers – and thereby increasing the box office for distributors and exhibitors" said Frederic Rose, Chairman and CEO of Thomson/Technicolor. "Technicolor is thrilled to extend our partnerships with these top studios and other key industry players to address the 3D gap and ensure every exhibitor that wants quality 3D will be able to afford it."
Numbers show 3D is a driver of ticket sales with 3D engagements outperforming 2D by more than 2‐to‐1 in attendance and even greater in box office. Prior to Technicolor’s 3D solution, 90 percent of theatre screens in the U.S. were not able to provide a 3D experience to moviegoers. The Technicolor 3D solution will provide a solution to immediately bridge the gap until digital cinema can be more widely rolled out, providing additional screens to advance the medium of 3D to mainstream levels.
Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. We also benefit from an extensive intellectual property portfolio focused on imaging and sound technologies, based on a thriving licensing business. Our commitment: Enhance media experience on any screen, in theaters, at home and on the go.
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