Ymagis Group today reported its full-year earnings for the 2017 fiscal year December 31. In 2017, saying the group demonstrated its ability to offset the decline in its virtual print fee activities (revenue -11.5 percent at €61.5 million) by the growth of its service activities (+9.0 percent at €118.1 million). The group’s business thus rose slightly by +0.8 percent to €179.2 million. Driven by the full-year integration of acquisitions made in 2016 and by the implementation of the growth strategy based on its services activities, the Eclair and CinemaNext business units saw their revenue increase respectively by +15.4 percent and +3.4 percent at €54.8 million and €63.3 million.
Production & Post-Production
Post-production creative services provider Light Iron, a member of the Panavision family of companies, has opened a new facility in Atlanta to locally support the robust Georgia production community. The expansion is the fourth since Panavision acquired Light Iron in 2015, bringing Light Iron’s U.S. locations to six total, including Los Angeles, New York, New Orleans, Albuquerque and Chicago.
Over the past 10 years, technology has brought people together more than ever, while at the same time creating a huge disconnect in personal relationships. In his new documentary Beyond Transport, directed and produced by first time filmmaker Ched Lohr, this topic is examined from the unique perspective of cab drivers. Shot on all seven continents of the world, the film includes interviews with drivers who share their accounts of how socializing has changed dramatically in the 21st Century.
The Hollywood Section of the Society of Motion Picture and Television Engineers will delve into the deep history of moving imagery with filmmaker, inventor, and author Lenny Lipton at its monthly meeting March 22 in Hollywood. Lipton will offer a presentation based on his forthcoming book The Cinema in Flux.
GPL Technologies has hired Felix Fissel to lead its VFXnow unit as vice president of global operations. Fissel, an IT specialist with deep experience in the visual effects industry, will oversee VFXnow operations in Los Angeles, New York, and Vancouver. He will also lead business development and seek to expand markets for the unit, a hardware-as-a-service provider to visual effects studios, game developers, editing houses and other creative services companies.
The Society of Motion Picture and Television Engineers has issued a call for technical manuscript proposals for the SMPTE 2018 Annual Technical Conference & Exhibition, which will be held October 23-25 at a new venue, the Westin Bonaventure Hotel & Suites in downtown Los Angeles. Authors must submit their proposals by May 28.
Reliance Industries Limited, through a subsidiary, has agreed to subscribe to a five percent equity stake in Eros International Media Limited at a price of fifteen dollars per share, which represents an 18 percent premium over the stock’s last closing price. The transaction is subject to customary regulatory and other approvals. Furthermore, RIL and Eros announced that they have agreed to partner in India to jointly produce and consolidate content from across India.
Éclair has appointed Dan Clark as its commercial director in the United Kingdom. Clark started his career in 2001 with Kodak Motion Picture as feature and short film manager before becoming post-production and digital cinema manager, and then technical manager.
Panasonic has announced the immediately available of a free firmware 1.12 upgrade for the new AU-EVA1 5.7K handheld cinema camera. This upgrade expands lens compatibility for a number of popular Sigma ART lenses.
For the historical vignettes in the upcoming CNN six-hour, six-part miniseries Pope: The Most Powerful Man in History, cinematographer Dane Lawing wanted each era to have its own look and a distinctly cinematic feel. To achieve this, he relied exclusively on Cooke S4/i prime lenses.