SYDNEY and MELBOURNE, AUSTRALIA, 20th August, 2012 — Deluxe Australia, a subsidiary of Deluxe Entertainment Services Group Inc., and Omnilab Media announced today that an agreement has been reached whereby Deluxe Australia will acquire Omnilab’s Creative and Media Services businesses, including the well-known brands of Iloura, Digital Pictures, Cornerpost, Flagstaff, Boffswana and PAX Entertainment.
The acquisition will deliver an augmented suite of services for Deluxe’s Australian clients including expanded visual effects, design and broadcast post production services in Sydney and Melbourne, life-cycle library management, digital asset management, file-based mastering, archiving, DVD and Blu-ray authoring.
Deluxe has significantly increased its global service offerings in digital services and content delivery over the last few years. The company’s pipeline now includes visual effects for features, broadcast programming and commercials, 2D and 3D post production services including 2D to 3D conversion from film or digital capture to digital intermediates, theatrical release (digital cinema, satellite and 35mm), and home entertainment services for every digital media platform.
“As technologies continue to transform how our movie, TV and advertising customers create and distribute content, Deluxe is well positioned for whatever the future may bring,” said Alaric McAusland, Managing Director of Deluxe Australia. “We are greatly looking forward to this talented group of people joining our terrific Deluxe team,” adds McAusland.
Omnilab Media will retain Ambience Entertainment, The Playroom, DubSat, Adsend, Substation and Oktobor Animation which will continue to operate separately from those businesses being acquired by Deluxe. Additionally, Omnilab Media will continue producing high quality feature and broadcast content, and looks forward to continuing its already long standing and significant working relationship with Deluxe Australia on these projects.
"We are very pleased that we have come to an agreement with Deluxe Australia that will see these great iconic businesses continue to flourish, and we look forward to our continuing relationship with Deluxe ," said Christopher Mapp, Managing Director of Omnilab Media. "We are very proud of our long legacy to the Australian Film, Television and Advertising Industries and look forward to an exciting future," adds Mapp.
The transaction is subject to customary closing conditions and is expected to close by the end of August.
About Deluxe
Deluxe Entertainment Services Group Inc., a wholly-owned subsidiary of MacAndrews & Forbes Holdings Inc., is the leading provider of a broad range of entertainment industry services and technologies to the worldwide entertainment industry including the Hollywood studios, broadcast/cable/ satellite providers, digital distribution, gaming as well as content owners and creators. Services for content creation in features, television and commercials are offered in production, post production, digital distribution, marketing services and asset management. They include EFILM® and Company 3® digital intermediates; post production and subtitling services; titles design and digital VFX; Blu-ray and DVD compression, encoding and authoring; advertising distribution and syndication services; digital cinema services, motion picture film processing and printing; and 2D to 3D conversions. Deluxe has facilities in North America, Europe, India, Australia, and Hong Kong. For more information, please visit www.bydeluxe.com
About Omnilab Media
Omnilab Media is a leading entertainment and technology company with offices located in Australia, North America, Europe, New Zealand. Through its broad range of businesses it creates and services its own projects as well as providing extensive media and technology solutions for a diverse range of clients in the film, television, advertising and corporate sectors including: content development and production; 3D animation services; structured financing for production, distribution including prints & advertising; software and technology IP and development; broadcast and channel play out; and media asset management and distribution.
Press Contact:
Blanche Ambrose
+61 (0)2 9429 7320
blanche.ambrose@bydeluxe.com
