Deluxe Entertainment Services Group Inc. has finalized its acquisition of Ascent Media Corporation’s (NASDAQ: ASCMA) Creative Services and Media Services businesses, including such mainstay shops as Company 3, Beast, Method Studios, Rushes, Encore Hollywood and Level 3 Post.
Many of the acquired business units provide creative and media services in television and commercial postproduction that go beyond Deluxe’s portfolio of services for the theatrical market.
“In the coming weeks and months, Deluxe will be advising customers on the new service offerings,” said Cyril Drabinsky, president and CEO of Deluxe. “We look forward to providing our customers with the best that the combined companies and teams of talented employees have to offer.”
Deluxe’s agreement to purchase Ascent Media’s creative services and media services units was initially announced in November 2010 at a purchase price of approximately $68 million (after the assumption of certain indebtedness). The deal met closing conditions and formally came to fruition on Dec. 31, 2010.
Oscar Nominees Delve Into The Art Of Editing At ACE Session
You couldn’t miss Sean Baker at this past Sunday’s Oscar ceremony where he won for Best Picture, Directing, Original Screenplay and Editing on the strength of Anora. However, earlier that weekend he was in transit from the Cesar Awards in Paris and thus couldn’t attend the American Cinema Editors (ACE) 25th annual panel of Academy Award-nominated film editors held at the Regal LA Live Auditorium on Saturday (3/1) in Los Angeles. While the eventual Oscar winner in the editing category was missed by those who turned out for the ACE “Invisible Art, Visible Artists” session, three of Baker’s fellow nominees were on hand--Dávid Jancsó, HSE for The Brutalist; Nick Emerson for Conclave; and Myron Kerstein, ACE for Wicked. Additionally, Juliette Welfling, who couldn’t appear in person due to the Cesar Awards, was present via an earlier recorded video interview to discuss her work on Emilia Pérez. The interview was conducted by ACE president and editor Sabrina Plisco, ACE who also moderated the live panel discussion. Kerstein said that he was the beneficiary of brilliant and generous collaborators, citing, among others, director Jon M. Chu, cinematographer Alice Brooks, and visual effects supervisor Pablo Helman. The editor added it always helps to have stellar acting performances, noting that hearing Cynthia Erivo, for example, sing live was a revelation. Kerstein recalled meeting Chu some eight years ago on a “blind Skype date” and it was an instant “bromance”--which began on Crazy Rich Asians, and then continued on such projects as the streaming series Home Before Dark and the feature In The Heights. Kerstein observed that Chu is expert in providing collaborators with... Read More