Technicolor Creative Studios UK - Administration

Technicolor Creative Studios UK, the UK arm of the Technicolor visual effects group, has entered administration, with Nick Holloway and David Pike of Interpath Advisory appointed as joint administrators.

The historic company has done post-production work on classic films such as Disney’s Pinocchio and more recent blockbusters like Emilia Pérez.

According to the joint administrators, the company struggled with the headwinds affecting the creative industries, including the 2023 WGA and SAG-AFTRA strikes, which paused production for about half a year. Unfortunately, the majority of the company’s 440 employees have already been made redundant as the administrators seek an orderly wind-down of the business.

Glas Sas has a registered charge against the company, which was assisted by Bryan Cave Leighton Paisner.