a fragile health that mortgages its future
By Ingrid Vergara Published 1 minute ago , Update 1 minute ago The Technicolor headquarters…
1 minute ago
Update 1 minute ago
The Technicolor headquarters in Cesson-Sevigné, near Rennes (Ille-et-Vilaine). FRANK PERRY/AFP
DECRYPTION – The visual effects specialist for films and series recorded 99 million euros in net losses in 2022.
Six months after entering on the Paris Stock Exchange, Technicolor Creative Studios (TCS) might not stay there very long. She is currently reviewing heroptions for possible short-term delisting“. Friday, the action fell to 15 euro cents, after the presentation of its financial results. The special effects specialist widened its net loss to 99 million euros in 2022 (against 14 million in 2021), for a turnover, for its part, up 30%, to 784 million euros. here is the paradox of the situation in which the company with world-renowned know-how finds itself. sonic 2, Top Gun: Maverick where the Pinocchio from Guillermo del Toro… From Paramount to Netflix, TCS was involved in more than 65 projects for major production studios last year. Demand is there, whether in the cinema, for SVOD platforms, for animated moviesvideo games or in advertising, so many markets in which TCS is…