Streamland Media, formerly Picture Head Holdings LLC, has entered into an agreement to acquire the Technicolor Post business. The acquisition, which is subject to customary closing conditions, is backed by Trive Capital and Five Crowns Capital and is expected to close in the first half of 2021.
Headquartered in Los Angeles, Streamland Media operates through integrated business units around the globe, including Picture Shop, Formosa Group, Ghost VFX, Picture Head, The Farm Group, and Finalé Post. These distinct businesses support feature film, episodic, interactive and emerging forms of entertainment by providing top-tier, customized solutions in picture and sound finishing, visual effects and marketing. The addition of Technicolor Post will bolster Streamland’s roster of talent and broadens the company’s unique approach to meeting customer needs in regions around the world including the U.S., Canada, Europe and the U.K.
The Technicolor Post business will be merged into Streamland Media’s existing portfolio of highly regarded businesses. There will be no interruption of the award-winning services to Technicolor Post’s clients during this integration, and all employees dedicated to Technicolor Post will be part of this transaction.
“Our team’s dedication to creative excellence and their outstanding accomplishments has allowed Streamland Media to build this exceptional family of boutique businesses,” said Streamland Media CEO Bill Romeo. “We are thrilled to have the extraordinary caliber of Technicolor Post artists join us. Adding Technicolor Post’s technologies and worldwide locations to Streamland will allow us to partner with all of our clients to an even greater degree. I am excited for what’s ahead.”
“The Streamland model is based on a long-term philosophy that values its distinctive culture and fosters collaboration at every turn,” said David Stinnett, partner at Trive Capital. “This has been at the cornerstone of the company’s success that we enthusiastically support. We are excited to continue to serve the postproduction community with a comprehensive offering uniquely designed to meet customer needs globally.”
Jeffrey Schaffer, founder and managing partner of Five Crowns Capital, added, “Under the direction of the Streamland Media executive team and board, we envision a bright future for the evolution of postproduction upon the completion of this deal.”
Richard Moat, CEO of Technicolor, said, “The strategic sale of Technicolor Post is part of our long-term vision for Technicolor Production Services to focus on VFX and animation for the entertainment industry, and creative services and technologies for the advertising industry, which provide the maximum value to our clients. We will continue to focus on these core areas through our award-winning creative studios The Mill, MPC, Mr. X and Mikros Animation.”
After 20 Years of Acting, Megan Park Finds Her Groove In The Director’s Chair On “My Old Ass”
Megan Park feels a little bad that her movie is making so many people cry. It's not just a single tear either — more like full body sobs.
She didn't set out to make a tearjerker with "My Old Ass," now streaming on Prime Video. She just wanted to tell a story about a young woman in conversation with her older self. The film is quite funny (the dialogue between 18-year-old and almost 40-year-old Elliott happens because of a mushroom trip that includes a Justin Bieber cover), but it packs an emotional punch, too.
Writing, Park said, is often her way of working through things. When she put pen to paper on "My Old Ass," she was a new mom and staying in her childhood bedroom during the pandemic. One night, she and her whole nuclear family slept under the same roof. She didn't know it then, but it would be the last time, and she started wondering what it would be like to have known that.
In the film, older Elliott ( Aubrey Plaza ) advises younger Elliott ( Maisy Stella ) to not be so eager to leave her provincial town, her younger brothers and her parents and to slow down and appreciate things as they are. She also tells her to stay away from a guy named Chad who she meets the next day and discovers that, unfortunately, he's quite cute.
At 38, Park is just getting started as a filmmaker. Her first, "The Fallout," in which Jenna Ortega plays a teen in the aftermath of a school shooting, had one of those pandemic releases that didn't even feel real. But it did get the attention of Margot Robbie 's production company LuckyChap Entertainment, who reached out to Park to see what other ideas she had brewing.
"They were very instrumental in encouraging me to go with it," Park said. "They're just really even-keeled, good people, which makes... Read More