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Technicolor Group: A Framework for Transformation

March 27, 2024

Paris (France), March 26, 2024 – Technicolor Group, the new holding company for Technicolor Creative Studios SA’s business activities, unveils its strategic framework designed to capture emerging business opportunities and pave the way for sustainable growth.

In an ever-evolving market landscape, the lenders and shareholders have taken the initiative to strengthen the financial position of Technicolor Creative Studios SA’s business activities – MPC, The Mill, Mikros Animation, Technicolor Games – by providing an injection of new money and ensuring a moderate level of indebtedness.
This initiative involved a corporate reorganization under a new holding company, Technicolor Group, without any impact on business activities.
This strategic move sets the stage for a resilient future, igniting the Group’s drive for innovation and expansion. In a sound financial position, the Group can now fully focus on implementing its strategy.

Over the past few months, the media and entertainment industry has been undergoing a period of rapid transformation, disrupted by technological developments – such as Artificial Intelligence, machine learning, virtual reality, etc. –, shifting consumer preferences and emerging opportunities in new geographical markets. On top of these evolutions, the historic double writers and actors strike in Hollywood had a tangible impact on the sector as a whole. All this has been creating a new paradigm for content creation, which also brings opportunities the Group intend to seize.

In this context, the Group has been undergoing a deep internal transformation to better serve its clients, further improve working environments for talents and be optimally positioned for the future. While ensuring the smooth continuation of this transformation, the leadership team will implement a strategy which focuses on three pillars: talent, technology and service expansion.

At the heart of Technicolor Group lies a commitment to cultural transformation, empowering its workforce, and fostering innovation. The leadership team is committed to driving a people-centric culture, moving more in line with the Group’s values while enhancing talent engagement and ensuring attraction and retention in a post pandemic era with renewed vigor. In 2023, the management team has created the scaffolding to overcome the obstacles of the Covid and strike periods and have put in place the growth vectors for the next phase in the media and entertainment industry. Bolstered by a fresh purpose and a new set of values – collaboration, transparency, trust, creativity, and passion – Technicolor Group is poised to thrive in the evolving landscape of media and entertainment.

Technicolor Group will boost its journey towards pioneering innovative technologies in the creative industry. Managing technological shifts and offering new cutting-edge solutions were always a central hallmark of the Group’s success. Today, new technological advancements like artificial intelligence, machine learning or virtual and augmented reality are revolutionizing the industry, shaping the way entertainment is created, distributed, consumed, and experienced. As Chief Technology Officer, Bill Polson will focus on:

  1. Prioritizing Technology Platforms — moving the Group’s production platform to webservices.
  2. Empowering Artists — giving artists the ability to work across disciplines and across a larger part of each project; and giving them more powerful AI-backed tools.
  3. Fostering synergy between Technology and Creative — introduction of senior technology managers for each business unit to tighten the connection between these two vital aspects, which in turn will drive more innovation.

The Group will be enriching its activities to seize business opportunities. The Group will expand its global footprint by investing in regions with burgeoning potential in visual effects.  From Europe to the Middle East and the Asia-Pacific, the Group is charting new territories, leveraging India and South Korea as gateways to untapped markets.

The Group also intends to broaden its expertise and encompass the entire spectrum, including production and pre-production in films, episodic and animation.

The Group will elevate its value proposition by expanding its service offering into innovative verticals and emerging business sectors.

Technicolor Group benefits from a strong leadership team to navigate the next phase of the Group’s development. Along with seasoned corporate executives, the management team is comprised of industry experts, artists and technicians in the computer graphics enabled imagery creation business such as:

With this new framework, the Group will gradually move from a holding company structure of visual effects businesses in the film, advertising, games, and animation space to a visual experiences company focused on delivering visual storytelling in all its forms across all geographies.


Technicolor Group is a creative technology company providing world-class production expertise driven by one purpose: The realization of ambitious and extraordinary ideas. Home to a network of award-winning studios, MPC, The Mill, Mikros Animation and Technicolor Games, we inspire creative companies across the world to produce their most iconic work. Our global teams of artists and technologists partner with the creative community across film, television, animation, gaming, brand experience and advertising to bring the universal art of storytelling to audiences everywhere.


to work on award-winning projects.