Company Leads the Industry in 3D Compression & Authoring Services
Paris (France) and Hollywood (California) – July 27, 2010 – Technicolor (Euronext Paris 18453; NYSE: TCH) today announced that it is set to deliver more than 15 Blu-ray 3D titles, leading the industry in 3D compression and authoring services. With approximately 30 Blu-ray 3D discs currently being produced in the marketplace right now, Technicolor leads the way, having been awarded over 50% of the available projects in the market.
As announced at CES in January earlier this year, Technicolor produced the very first Blu-ray 3D disc, DreamWorks Animation SKG, Inc.’s (NASDAQ: DWA) Monsters vs. Aliens, which was bundled with Samsung’s 3D-capable HDTV and their new Blu-ray Disc Player. Technicolor’s leadership in 3D compression and authoring services augments the company’s position in offering comprehensive 3D workflows from production through distribution.
"Technicolor provides best-in-class technology that allows us to deliver the highest-quality Blu-ray 3D product into the homes of our audiences," said John Batter, co-President of Production at DreamWorks Animation. "We are thrilled that 'Monsters vs. Aliens' is already in the marketplace and look forward to making additional DreamWorks Animation titles available later this year."
Technicolor provides full turn-key Blu-ray 3D services utilizing its first-to-market, high-quality MVC compression tool, 3D authoring and programming with BD-JIVE and its advanced depth analysis tool for 3D subtitles and graphics. All tools were developed in house leveraging Technicolor’s Research and Innovation resources. Technicolor’s 3D design services have also provided cutting edge on-screen 3D graphics for broadcast and Blu-ray Disc titles.
“When we envisioned the 3D workflow, we really focused on leveraging a well integrated supply chain with a focus on quality and efficiency,” says Chuck Parker, president of Technicolor’s Digital Content Delivery division. “We have already reduced our production times for Blu-ray 3D by 50% and we are on track to match the production times of a typical 2D Blu-ray Disc.”
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Technicolor is a company listed on NYSE Euronext Paris and NYSE stock exchanges, and this press release contains certain statements that constitute "forward-looking statements" within the meaning of the "safe harbor" of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed, forecasted or implied by such forward-looking statements. For a more complete list and description of such risks and uncertainties, refer to Technicolor’s filings with the U.S. Securities and Exchange Commission and its filings with the French Autorité des marchés financiers.
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About Technicolor
With more than 95 years of experience in entertainment innovation, Technicolor serves an international base of entertainment, software, and gaming customers. The company is a leading provider of production, postproduction, and distribution services to content creators and distributors. Technicolor is one of the world’s largest film processors; one of the largest independent manufacturers and distributors of DVDs (including Blu-ray Disc); and a leading global supplier of set-top boxes and gateways. The company also operates an Intellectual Property and Licensing business. For more information: www.technicolor.com
Press Contacts:
Season Skuro, Technicolor
season.skuro@technicolor.com
+1 818 371 0006