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Deluxe acquires Ascent Creative, Media
Thursday November 25th 2010In a significant consolidation of the post-production business, especially in Los Angeles, Deluxe Entertainment Group has acquired Ascent’s Creative Services and Media Services businesses.
Deal brings Company 3, Beat, Method, Rushes, Encore Hollywood and Level 3 Post under the Deluxe brand.
The Ascent companies, many of which focus on TV, now join the more feature-oriented Deluxe companies. For example, Encore Hollywood and Level 3 provide post services to networks and studios who supply programming to broadcast and cable TV, both in the U.S. and the U.K.
While Deluxe’s eFilm and Company 3 both provide digital intermediate, a Deluxe spokesman said that they are somewhat complimentary businesses, serving different customer bases.
Company 3 has an extensive business in commercials, which eFilm lacks. Company 3 has telecine for features and television, and commmericals — services eFilm has not offered. Beast has editorial for TV.
Company 3 star colorist Stefan Sonnenfeld will join Deluxe.
Source: Variety
Front Page, Industry News
Deluxe acquires Ascent Creative, Media
Thursday November 25th 2010In a significant consolidation of the post-production business, especially in Los Angeles, Deluxe Entertainment Group has acquired Ascent’s Creative Services and Media Services businesses.
Deal brings Company 3, Beat, Method, Rushes, Encore Hollywood and Level 3 Post under the Deluxe brand.
The Ascent companies, many of which focus on TV, now join the more feature-oriented Deluxe companies. For example, Encore Hollywood and Level 3 provide post services to networks and studios who supply programming to broadcast and cable TV, both in the U.S. and the U.K.
While Deluxe’s eFilm and Company 3 both provide digital intermediate, a Deluxe spokesman said that they are somewhat complimentary businesses, serving different customer bases.
Company 3 has an extensive business in commercials, which eFilm lacks. Company 3 has telecine for features and television, and commmericals — services eFilm has not offered. Beast has editorial for TV.
Company 3 star colorist Stefan Sonnenfeld will join Deluxe.
Source: Variety
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Front Page, Industry News
Deluxe acquires Ascent Creative, Media
Thursday November 25th 2010In a significant consolidation of the post-production business, especially in Los Angeles, Deluxe Entertainment Group has acquired Ascent’s Creative Services and Media Services businesses.
Deal brings Company 3, Beat, Method, Rushes, Encore Hollywood and Level 3 Post under the Deluxe brand.
The Ascent companies, many of which focus on TV, now join the more feature-oriented Deluxe companies. For example, Encore Hollywood and Level 3 provide post services to networks and studios who supply programming to broadcast and cable TV, both in the U.S. and the U.K.
While Deluxe’s eFilm and Company 3 both provide digital intermediate, a Deluxe spokesman said that they are somewhat complimentary businesses, serving different customer bases.
Company 3 has an extensive business in commercials, which eFilm lacks. Company 3 has telecine for features and television, and commmericals — services eFilm has not offered. Beast has editorial for TV.
Company 3 star colorist Stefan Sonnenfeld will join Deluxe.
Source: Variety
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