Technicolor to open new film lab in Glendale
Technicolor Inc., the Hollywood film processing and post-production company, is building a new film lab in Glendale.
It will replace a much larger lab at Universal Studios that is shutting down in June. Technicolor had lost its contract with Universal to rival Deluxe and said the rapid acceleration of digital cinema had weakened demand for film processing. The company also processes film prints in the Montreal suburb of Mirabel.
About 100 of the 360 workers laid off as a result of the closure will be rehired to work at the Glendale lab, Technicolor executives said.
In addition to offering such services as processing film negatives and color correction, the lab will focus on developing 70mm film prints, which are in strong demand thanks to popularity of IMAX and other big- screen formats.
-- Richard Verrier