[Tig] Who really owns LA post?
Thu Mar 3 17:13:10 GMT 2005
My observation is that ownership is in 3 categories:
1. Large corporations
2. Smaller companies growing by buying smaller companies
3. "Mom and Pop" boutique operations holding on and waiting for dust to
settle (or looking to find a niche that makes them attractive for
profitable purchase by #1 or #2).
Insert standard disclaimer.
Thomson Grass Valley
From: tig-bounces at tig.colorist.org [mailto:tig-bounces at tig.colorist.org]
On Behalf Of Dave Pickett
Sent: Wednesday, March 02, 2005 8:30 AM
To: eriku at flyingspot.com; Rob Lingelbach; tig-bounces at tig.colorist.org
Cc: 'Telecine Internet Group'
Subject: [Tig] Who really owns LA post?
Thanks to Screen Time Images for supporting the TIG.
About 9 years ago I was working in the Santa Monica area when it's
flagship post facilities were purchased or funded by Four Media Company,
headed by Rob Walston. The story circulating was that he was a Harvard
MBA with venture capital looking for profit by consolidating the cottage
4MC went public in 1997 I believe and then was sold to German mutual
fund firm Warburg-Pincus. AT&T subsidiary Liberty Media acquired the
lot and subsequently it spun-off current parent company Ascent Media.
So a large portion of the throughput capacity of Los Angeles post has
been consolidated and sold several times. Who really owns LA post? 10
years ago the answers were clear.
Finish - Boston
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