MUMBAI: Thomson, through its Technicolor Services division has signed an exclusive long-term agreement with Overture Films, a film studio backed by Liberty Media and Starz, LLC, to provide worldwide film laboratory and cinema distribution services.
Under the terms of this agreement, Technicolor will provide Overture Films with an extensive range of worldwide film laboratory services, including 35mm trailer and release printing and front-end negative processing; cinema distribution services, including, film distribution, security screening, advertising, publicity services, print rejuvenation, archival, inventory storage and destruction, and other special projects.
Overture Films CEO Chris McGurk said, “We’ve had a strong relationship with the entire Technicolor management team for many years now, and we are thrilled to once again partner with such an innovative and high quality organization.”
Overture Films COO Danny Rosett added, “Technicolor is differentiated by its unique, clearly-stated strategy and understanding of the industry’s digital transformation. As a result, we’re confident in its ability to provide the industry’s most comprehensive film and distribution services that Overture Films needs as a new studio.”
Thomson senior executive vice president and CEO of technicolor Lanny Raimondo stated, “We are very pleased to partner with such a dynamic independent film studio such as Overture Films. Our team has a tremendous amount of respect for Chris McGurk and Danny Rosett, and with an exciting line-up of films slated for release in 2008, we look forward to developing a mutually beneficial relationship that will capitalize on the fast-changing world of filmmaking as we make the transition towards digital.”
Thomson’s Services division offers the industry’s portfolio of capabilities from its nine full-service film laboratories in
Overture Films is an operating unit of Starz, LLC, which in turn is a wholly owned subsidiary of Liberty Media Corporation that is attributed to Liberty Capital Corp. Overture Films has several theatrical releases slated for 2008, including Righteous Kill with Robert DeNiro and Al Pacino; Mad Money with Katie Holmes, Queen Latifah and Diane Keaton; Sleepwalking with Charlize Theron, Dennis Hopper and Woody Harrelson; Traitor with Don Cheadle and Guy Pearce; and Last Chance Harvey with Emma Thompson and Dustin Hoffman.