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    MPC LA moves to expanded studio

    By SHOOTUpdated:No Comments3502 Views
    MPC LA's Film and Advertising team (photo by Jeremy Goldberg)
    CULVER CITY, Calif. --

    After eight years in Santa Monica, MPC LA is moving to a 25,000-square-foot digital studio in Culver City. The innovative new space is twice the size of MPC LA’s old home.

    MPC Advertising will see its creative firepower ramp up with more space and resources dedicated to innovative VFX, color and finishing. The space also plays host to a purpose built VR/AR infrastructure and the company’s content production arm, MPC Creative.

    MPC Film will offer filmmakers the opportunity to inspire and collaborate with MPC’s creative talent to support the pre-production phase of development. Creative services will include concept and production design, previs and visual development, preliminary bidding and budgeting and VFX supervisor representation.

    MPC’s global CEO, Mark Benson, explained: “We continue to be inspired by crafting the very best visual experiences in collaboration with the finest creative, production and technology minds. Moving into an integrated space for both our film and advertising businesses in Culver City allows MPC to better service the needs of the creative community.”

    The space features the very best technology including an MPAA approved previs artist workspace and a screening room with 3D stereo, HD, and 2K/4K projection, offering 2k synced reviews, TVIPS video feed and video conferencing. 

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    DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit

    Friday, November 22, 2024
    Dish Network satellite dishes are shown at an apartment complex in Palo Alto, Calif., Feb. 23, 2011. (AP Photo/Paul Sakuma, File)

    DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.

    The deal was reliant on Dish bond holders agreeing to trade in the debt they held for debt in the new company, a swap that would have cost them about $1.6 billion, collectively.

    The retreat by DirecTV this week may end a years-long effort by the company to acquire both Dish and Sling after it announced the bid in September.

    DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt. The deal was contingent on several factors, including regulatory approvals and bondholders writing off debt related to Dish.

    "While we believed a combination of DirecTV and Dish would have benefited all stakeholders, we have terminated the transaction because the proposed exchange terms were necessary to protect DirecTV's balance sheet and our operational flexibility," DirecTV CEO Bill Morrow said in a statement.

    The prospect of a DirecTV-Dish combo has long been rumored, and reported talks resurfaced over the years. And the two almost merged more than two decades ago — but the Federal Communications Commission blocked the deal valued at the time at $18.5 billion deal, citing antitrust concerns.

    The pay-for-TV market has shifted significantly since. As more and more consumers tune into online streaming platforms, demand for more traditional satellite entertainment continues to shrink.

    DirecTV says that it will continue to invest in next-generation streaming platforms and offer new packaging options while integrating content from live TV alongside direct-to-consumer... Read More

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