Company 3 (CO3), a subsidiary of Deluxe Entertainment Services Group Inc., has announced the integration of Deluxe 142’s London-based Digital Intermediate (DI) facility into its network of locations.
The addition extends the reach of Company 3’s operations into Europe, complementing its existing New York, Atlanta and Santa Monica locations. Company 3 in London will be overseen by Stefan Sonnenfeld, Company 3 president/co-founder and president of Deluxe® Creative Services, with day-to-day operations to be led by Patrick Malone, director of digital film services.
“Having a new location based out of London is especially exciting for CO3….The addition of these DI suites will open the door for UK-based feature clients who want to finish at Company 3,” said Sonnenfeld. “It also further expands opportunities for the growing number of features that need to spread postproduction services across both US and UK locations.”
The London location has two DI theaters featuring DaVinci Resolve R350 digital grading systems and 2K Barco projectors that mirror those installed at Company 3’s U.S. locations. This enables the global team to work together to offer a true end-to-end solution from dailies through to deliverables. The London facility is also equipped to work in partnership with Company 3’s sister facility, EFILM.
Sonnenfeld added, “We’ve been working closely with the team in the UK for years and they are world class, having already worked on several high-profile blockbusters including One Day, Scott Pilgrim vs. The World and Prince of Persia: The Sands of Time. The collaboration of talent, knowledge and seamless workflows across Deluxe’s Creative Services group is key to providing the best experience for our clients where ever they are located.”
Company 3’s London DI service will remain an integral part of the suite of services offered by Deluxe 142 which will continue to offer a complete end to end post production solution to their client base spanning the broadcast and feature film market.
R/GA Goes Independent In Management and Private Equity Partnership
Interpublic Group (NYSE: IPG) has sold R/GA, the creative innovation company, to Truelink Capital, a private equity firm with a track record of investing in tech-enabled services. Financial terms of the deal were not disclosed.
The move thus marks R/GA’s return to independence as a privately owned company after 23 years as part of IPG. R/GA’s global management team and Truelink Capital have formed an indie partnership. R/GA’s global CEO Robin Forbes and chair & global chief creative officer Tiffany Rolfe are two of the global leaders, together with others, who are investing in the company as part of the deal. R/GA’s next chapter will be fueled out of the gate by a $50M Innovation Fund, enabling the company to invest in new skillsets and talent, and acquire new capabilities, emerging tools and platforms. Additionally, R/GA has established a Strategic Advisory Council of senior marketing and technology executives to support emerging AI client transformation opportunities across multiple sectors.
As an independent company, R/GA is activating an AI-enabled model to better serve clients, unburdened by the restrictions and overheads of traditional corporate structures. New remuneration models based on outcomes, agile new team structures, and scaling up its flexible talent model “R/GA Associates,” are among the initial changes being implemented.
“Today is a landmark moment for R/GA, as we enter an exciting new chapter as a private company supported by our new partners at Truelink Capital. This announcement also signals a stark contrast to a wider trend towards consolidation in the agency business. Most agencies will struggle to make the pivot in this new age, especially at a time when they’re operating within complex agency... Read More