DVD Drought About to Dry Out Hollywood?

For me, the word Technicolor immediately brings to mind images of Robin Hood’s tights or Becky Sharp singing for her supper, but there’s more to that Trademark than just the three strip process.  Indeed, Technicolor have been behind film presentation technology for a lot longer than you might think - with two strip colour being developed in the 19teens - and still are, in their capacity as one of the busiest manufacturers of DVDs.

So, imagine what would happen if a company on a truly massive scale and responsible for the mass production of many, many products for the film industry were to suddenly get sucked down by the recession. What would that mean? Would we see the shelves stripped bare of new discs? Unfortunately, we may not have to only imagine this for too much longer. We may soon be living it.

Stock market reports from this morning indicate that Thomson SA, the parent company of the Technicolor brand, are failing to find the financial assistance they need to keep floating. It appears that they’ve been looking for a buyer, or a credit solution, and neither has been forthcoming.

If nobody purchases Technicolor, or at least takes on their processing capabilities and eventually contracts, then it’s entirely likely we’ll see a serious shortage of shiny silver platters hitting market in the coming months. Inventory numbers for even the most anticipated titles could be very low - unless their releases aren’t postponed or cancelled entirely.

Incidentally, I don’t BluRay as duplication will be affected - I don’t find any evidence that Technicolor manufacture them. In one odd scenario, it could prove far, far easier to find the hot films in hi-def than on standard disc, thereby giving Blu a boost.

Nikki Finke is reporting that the French government may leap in and give Thomson, the corporate owners of Technicolor, a cash injection and thereby keep them afloat, but Thomson are yet to even request this measure. Fingers crossed.

  • I would hate to see technicolor go.
  • Patrick O'Riley
    People are gonna be downloading all their movie purchases directly to their players in a year, so who gives a crap about dvds? Blu-rays gonna be dead in five years at the longest.
  • Presto117
    last time i checked, i dont have terabytes worth of space on ym laptop so the last thing i wanna do is fill it up with movies that i can easily watch (not to mention take to other people's houses).

    and when digital distibution can give me the same quality as blu-ray with the same amount of features without taking forever to download or take up way too much space, then i'll be all over that.

    for now, shut up.
  • Griz
    You sir are worthless, TBs of space are dirt cheap and highly portable. If people stop being asshats like you and jump on the digital bandwagon then you will have smaller blue rays quality movies sooner. Although this article directly says that blue ray will not be effected, just DVDs, and that is already available for direct download in small convient file sizes. Thanks for helping hold the rest of us back by your idiocy.
  • BROOKLYN
    LOL
  • Rob
    O brave new world, that has such people in it. Etc.

    Some news for the under-15s; "people", en masse, really aren't "gonna be downloading all their movie purchases directly to their players in a year", and the fact that many people still choose to buy physical products (or don't automatically regard hardware as "dirt cheap" & therefore somehow essential) also isn't holding technology back. Why get so wound up on teh interwebs about it?

    The switch from people wanting to actually own a DVD or a Blu-Ray (as that's actually spelt) disc, to wanting to have their films in purely digital formats will be gradual, just as it has been with music; CDs and records haven't vanished from the Earth quite yet, after all. Nor have books or newspapers, which are yearly predicted to vanish in a puff of digital smoke.

    Quite apart from the issue of when a majority of worldwide consumers might be ready for that change, the film industries involved still move fairly slowly, and will have to agree on issues ranging from new business models, competition, curbing illegal downloads and rights management before *they* go "purely digital".
  • Thanks for saying "under-15s", cause I'm 17 and have to agree. DVD are much, much easier to buy, sell, watch, and use. Blu-Ray might just be the last physical format, but that doesn't mean it's going to go anytime soon
  • To assume all areas of the world have access to high speed internet and quality computers for file playback is quite presumptions. Are you an American? I only ask, because... oh, never mind. DVD or a form of it will be around for quite some time yet.
  • Dude, you don't have to assume he/she is American just because he/she made an asinine comment what are you, Canadian?
  • Australian, actually. And I did assume, didn't I - which was quite presumptuous of me, which makes me a hypocrite and my comment ironic.
  • Rowdy
    I highly doubt that people will choose to go for downloads over an actual product...I myself and I know other people who have a descent selection of dvds on our shelves and for all of it be forgotten or pushed aside for downloads isn't happening anytime soon.
  • Technicolor is also still behind the production of film reels which theaters (non-digital theaters of course) still use to show films. If they went down, it'd be pretty damn bad for the industry as a whole.
  • Foss
    Technicolor does digital distribution too. If you're going to make a statement about a company like "non-digital theaters of course", make sure you know what all they do before hand. Technicolor not only prints films onto actual film stock and DVDs, they have a post-production division, digital distribution and marketing among other things.
  • My apologies. My intent was not to spread mis-information or announce my ignorance to the company's products (I had no idea they dabbled in DVD production until today). Rather the above article didn't mention their importance to the theater side of the business and as we deal with Technicolor on a weekly basis at our theater I thought I'd point it out.

    As our theater has no digital projectors - I did not know they were involved in that pipeline as well.
  • oh god. Please NO!!!!
  • oh my
    "...immediately brings to mind images of Robin Hood’s tights"

    your choice of words continues to confuse & amuse me.
  • he's talking about the old black and white Robin Hood movie that was converted to tecnicolor
  • JD5
    Correction: Robin Hood was filmned IN TECHNICOLOR, not converted.
  • Here's a clue to prevent confusion (in this case): Michael Curtiz.

    I thought most people would have some idea of what I was referring to, but perhaps I'm wrong there.
  • Jeffuary
    I'm pretty sure that most people under 20 don't believe film existed before Bad Boys II
  • Ask any teen today what year The Wizard of Oz was released, and the guesses almost ALWAYS fetch between 1961 - 1975. Their jaws drop when you tell them the real year.
  • That sucks about TC...how much of the market does TC have their hands on? If they fold, will it be a massive hole in the DVD market or just a dent?


    as for BluRay getting a boost, hopefully that means they'll drop in price too. Even if BluRay does bite the dust in 5 years, I am still happy with my purchases. I personally appreciate the difference in visual and sound quailty. So if Blu goes away, they'll still be nice little gems in my collection. I usually buy normal DVD's still, but some movies I have to get in BluRay....TheDarkKnight, WallE, No Country For Old Men....etc....
  • Technicolor has been in the film industry for a very long time. I really doudt they will go away.
  • Biggles12
    Oh no, this would be terrible! Now I'm glad I never went to work for them a few months back...
  • ah shit just keeps getting worse
  • Just what we need more governments stealing money from us to give to giant corporations. Let's hear it for fascism.
  • Burt
    Technicolor should contract to save itself. One area they are particularly terrible at is distribution of in theater marketing materials. Cut that worthless division and the far superior Deluxe can step in and take that over allowing Tecnicolor to focus on the things they're actually good at. Then again, if this could lead to a drop in Bluray prices, let'em crash.
  • Steve
    I never realized that 'theater marketing materials (posters and cardboard cutouts)" was such a major part of the industry, nor that it was such an enormous drain on Technicolor's resources. If I'm not mistaken, Deluxe actually contracts out to Technicolor occasionally since they can't always manage very large distribution orders using their own network.
  • I think it would be too weird to have a shortage of the sort, and for Technicolor not to find someone to purchase them.
  • Thomson should get rid of their least profitable divisions to cut costs. It just defies all reason for a company as ubiquitous as Technicolor (they're practically a monopoly!) to shut down because their parent company is in the red.
  • guess this is an excuse to go buy some new dvds
  • They'll be saved somehow, you'd think. They'll make it work. And in the meantime they have a legitimate reason to release press releases to keep their name in the game. Win win. Almost.
  • We are planning to use Technicolor to develop the film I'm producing right now. They do a great job, it would be a shame to lose them.
  • Rich
    why is everyone so hopped up on this downloadable movie stuff...yes it's easy...yes it saves space...but how are you going to feel when you go to watch a movie and there's a corrupted file or run time error and you lose every movie you downloaded..im not saying im an expert....im just throwing it out there
  • Colin
    #1: Most movies don't deserve public release in any manner (nor the funds to shoot them, for that matter). Paul Blart is not going to sell many DVDs, whether or not they are even available.

    #2: This is a thinly veiled attempt to get everyone to buy into blu-ray. Technicolor gets money by CONTRACT every time a film is made, and every time a production house wants DVDs. Ergo, there are holes in their pockets which lead to bigger pockets. Do not be fooled.

    #3: In response to the digital download question: In theory, it's entirely possible to have every movie ever made on secure high-speed servers, ready to stream at a moment's notice. It costs MUCH less than printing x-million copies of DVDs and praying to sell them all, and so the studios have a hard time justifying the current prices for streaming content--such as on netflix. Imagine everyone's surprise when the studios and related companies (read: Technicolor) fight emerging, cheaper, better technologies tooth and nail. It's exactly what happened to books when radio and TV came out. In contrast with the printed word, there may not be a market for fragile, expensive versions of something you should ultimately be able to get for a few pennies, since, unlike the printed word, they do not have any noteworthy advantage over the new medium.
  • Paul Blart is going to sell shed loads. There's no getting away from it. Probably at least 6 times as many copies than Observe and Report ever will.
  • Will
    With many isp's trying to cap bandwidth, and also many people using older computers/monitors below 1900 x 1200 res it is still a but far off to be focused on digital distro. Plus with reformatting, corruption and hd failures it's still not perfect.
    Also much is to be said about physically holding a copy of something as well as the packaging at times.
  • nothing negative will come of it. You'll notice a shortage at first but things will even out quicker than you think. This is an odd comparison but years ago, Clark Foam went out of business. They were basically the only company that sold "blanks" to surf board shapers to be turned into surfboards. They controlled about 95% of the US market and 85% of the world market and they closed abruptly without notice. There was a huge panic that there would be such a shortage of blanks. Sure current stock flew off the shelves at a record pace but in hardly any time at all new (and in many cases better) companies popped up to fill the void now that they had the breathing room and ability to try and grab some market share.
  • Frank
    Thomson is NOT selling Technicolor. They are however letting go of Grass Valley and another division that does in store digital advertising. Technicolor and their DVD and Blu-Ray authoring / distribution houses will be around for a long time. As an employee...I would know!
  • Anthony
    Technicolor is NOT being sold. Thomson SA is doing what just about every other company in the world is looking at doing: Cutting the fat. Grass Valley and PRN were never truly part of Thomson or Technicolor's core strategy. They were picked up during better times in an effort to enter new markets and add new channels for their core business of media distribution. Compared to other companies in the same general field, Technicolor and Thomson are in very good shape, and barring a complete catastrophe of industry-wide proportion they should be able to emerge from the downturn relatively intact. What I'm interested to see is how they move forward once things start to ease up.. historically they have been a bit laggardly when it comes to harnessing innovations.

    And to Colin: Do you have ANY idea what you are talking about or did you fall asleep at the keyboard and type that while dreaming? Technicolor does NOT get money EVERY time a film is made or a studio wants DVDs.. there ARE other players in the business. And having "every movie ever made on secure high-speed servers" is a hell of alot harder than you seem to think is it. This isn't some fantasy world where everyone has unlimited bandwith and drivespace and a fat OC3 or better in their living room. Add the movie studios' psychotic fear of piracy into the picture and you're looking at some serious obstacles to streaming media.. unless you're satisfied with a grainy, laggy, You-Tube-esque experience.
  • Horatio_Hellpop
    Dvd's and Blu-Ray aren't going anywhere. While I consider myself fortunate enough to have the income to buy a computer and bluray player, there are millions of Americans that still cannot afford these things and regard them as a luxury. So much so that the government pushed back the digital switchover date from February 17th to the middle of June because there are over 2.5 Million people on a waiting list to get a digital converter coupon because they can't afford the $28.97 they cost at Wal-Mart. Yep, all digital downloads next year..... LOL.
  • If this happens i feel a larger push to digital distubtion in the lounge room happening earlier
  • henry jones
    why not let the asian dvd pirates take over production? there would be no shortage then.
  • Carol
    y'all are crazy. why do you all care about this? get a life.
  • Carol
    y'all are crazy. why do you all care about this? get a life.
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