Leveraging OuiDo’s Development Expertise, Acquisition Strengthens Technicolor’s Role as Animation Production Partner.
Paris (France) & Hollywood (California) – February 20, 2015 – Continuing to strengthen its animation business offering, Technicolor (Euronext Paris: TCH ; OTCQX: TCLRY), has acquired the French independent animation producer OuiDo Productions. Combining Technicolor’s technology and production strengths with OuiDo Productions’ licensing and development expertise, the acquisition augments Technicolor’s global animation offering and ultimately bolsters Technicolor’s strength as a worldwide animation production partner.
The announcement was made today by Tim Sarnoff, President of Technicolor Production Services. “OuiDo has done an incredible job in leveraging the rights to major global media brands,” said Sarnoff. “We look at this acquisition as a complement to Technicolor’s growth strategy within the animation industry and the French market. We will now be better positioned to develop, finance, produce and service the full range of needs of content creators, licensors and distributors around the globe.”
Headed by Sandrine Nguyen and Boris Hertzog, OuiDo Productions has produced such globally popular animation series as Alvinnn!!! & The Chipmunks, co-produced with Bagdasarian Productions for M6; Sonic Boom, a co-production with SEGA for Cartoon Network in the US and Canal J/Gulli in France; developed Les Légendaires, an animated series based on Editions Delcourt’s comic book series of the same name, with France’s TF1 and Canal J; produced season 2 of Mini-Loup for France Télévisions; and the forthcoming launch of a pre-school series Monchhichi.
Added Nguyen and Hertzog, “Technicolor’s passion for creating amazing animated content will be further strengthened by our ability to leverage the rights of major animated brands.”
About OuiDo Productions
Headed by Sandrine Nguyen and Boris Hertzog, OuiDo Productions produces animated series adapted from well-known national and international licences including: Alvinnnn! & the Chipmunks (52 x 13) for M6 co-produced by Bagdasarian Productions; Sonic Boom (52 x 11) for Gulli, Canal J and CN (USA) coproduced by SEGA and Mini Wolf, season 2 (52 x 7) for France Télévisions. OuiDo Production is also producing in collaboration with TF1 and Canal J, an adaptation of Les Légendaires (26 x 22), a comic book published by Editions Delcourt and will soon be launching its new series Monchhichi.
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: supporting the delivery of exciting new experiences for consumers in theaters, homes and on-the-go.
Euronext Paris: TCH www.technicolor.com
Technicolor shares are on the NYSE Euronext Paris exchange (TCH) and traded in the USA on the
OTCQX marketplace (TCLRY).
For Media Inquiries, Please Contact:
Michelle Orsi/Carol Holdsworth
Three.Sixty Marketing + Communications