Thomson Multimedia (1914–2010)
|Industry|| Creative industries |
| Richard Moat (CEO)|
Anne Bouverot (Chairperson)
|Revenue||€3.006 billion (2020)|
|€167 million (2020 EBITDA)|
|Total assets||$3.595 billion (2019)|
Number of employees
Mr. X Inc
Technicolor Animation Productions
Moving Picture Company
Technicolor SA , formerly Thomson SARL and Thomson Multimedia, is a French multinational corporation that provides services and products for the communication, media and entertainment industries. Technicolor's headquarters are located in Paris, France.Other main office locations include Los Angeles, California (US), New York, New York (US), London, England (UK), Bangalore, Chennai (India) and Lawrenceville, Georgia (US).
They operate across four business divisions:
On January 27, 2010, the company changed its name to Technicolor SA, re-branding the entire company after its US film technology subsidiary.Thomson's US subsidiary became Technicolor USA, Inc.
Thomson was named after the electrical engineer Elihu Thomson, who was born in Manchester, England, on March 26, 1853. Thomson moved to Philadelphia, USA, at the age of 5, with his family. Thomson formed the Thomson-Houston Electric Company in 1879 with Edwin Houston. The company merged with the Edison General Electric Company to become the General Electric Company in 1892. In 1893, the Compagnie Française Thomson-Houston (CFTH) was formed in Paris, a sister company to GE in the United States. It was from this company that the modern Thomson Group would evolve.
In 1966, CFTH merged with Hotchkiss-Brandt to form Thomson-Houston-Hotchkiss-Brandt (soon renamed Thomson-Brandt). In 1968 the electronics business of Thomson-Brandt merged with Compagnie Générale de Télégraphie Sans Fil (CSF) to form Thomson-CSF. Thomson Brandt maintained a significant shareholding in this company (approximately 40%).
In 1982, both Thomson-Brandt and Thomson-CSF saw nationalization due to the efforts of François Mitterrand. Thomson-Brandt was subsequently renamed Thomson SA (Société Anonyme), and soon thereafter merged with Thomson-CSF. GE then sold the rights to make RCA, ProScan and GE-branded televisions and other consumer electronics products in 1988, to Thomson Consumer Electronics, in exchange for some of Thomson's medical businesses. That same year, Thomson Consumer Electronics was formed, and then renamed Thomson SA. In 1995, the French government split the consumer electronics from the defense businesses of Thomson Multimedia and Thomson-CSF prior to privatization in 1999. Following privatization, Thomson-CSF went through a series of transactions, including with Marconi plc, before becoming Thales in 2000. In 2005, Thomson bought Cirpack and Inventel.
In 2000, Thomson Multimedia purchased Technicolor from Carlton Television (owned by Carlton Communications) in the UK and began a move into the broadcast management, facilities and services market with the purchase of Corinthian Television, becoming Thomson Multimedia. In Q1 of 2001 it purchased the Broadcast Division of Koninklijke Philips (Philips Broadcast) then in 2002 acquired the Grass Valley Group, Inc. from Dr. Terence Gooding of San Diego, CA. Thomson then purchased the Moving Picture Company from ITV and the internet startup Singingfish, but then sold it to AOL in late 2004. In 2004, Thomson increased its stake in the Bangalore, India based company Celstream Technologies, which specializes in product engineering. Cirpack, a softswitch manufacturer, was incorporated and acquired in April 2005. In July 2005, Thomson agreed to purchase PRN Corporation for $285 million. In December 2005, Thomson re-purchased the Broadcast & Multimedia part of Thales Group.
In 2004, Thomson set up a joint venture (TTE) with China's TCL, giving to TCL all manufacturing of RCA and Thomson television and DVD products and making TCL the global leader in TV manufacturing (Thomson still controlled the brands themselves and licensed them to TTE). At the time, TCL was hailed as the first Chinese company to compete on the international stage with large international corporations. Thomson initially retained all marketing of TTE's products, but transferred that to TTE in 2005. In June 2005, the Videocon Group of India announced, that it would acquire the color picture tube manufacturing business from Thomson SA for €240 million. In early 2010, Thomson sold the television brand RCA to ON Corporation.
In September 2005, Thomson first showed its Infinity camcorder. At the April 2006 launch, this was described as "a new line of IT-based acquisition, recording and storage devices."It was designed to end the stranglehold of proprietary products in this market, and was inspired by a Grass Valley executive's trip to Fry's Electronics in Burbank to buy a computer backup device. While innovative it was unsuccessful in taking market share from the predominant players in News Acquisition, Sony and Panasonic. It was too heavy and used too much power, which reduced battery life and increased heat. Its production was discontinued in 2010.
Also in 2005, Thomson marketing executive Nicholas de Wolff developed a plan for the creation of interactive Innovation centers,where early research projects could be demonstrated to industry leaders and clients in a close-up format, allowing for more strategic advanced product development. The centers (in Burbank, USA; Rennes, France; Hannover, Germany; and Beijing, China) were so successful, de Wolff and Thomson CTO, Jean-Charles Hourcade subsequently decided to launch the research demos at IBC and NAB trade shows, despite strong opposition from several business units. The decision resulted in greatly increased confidence in Thomson product roadmaps, and a strong YoY growth in related sales orders at those events.
In February 2007, Thomson Multimedia's Technicolor Content Services division announced that it had invested in Indian animation studio Paprikaas to expand its entertainment services capabilities.In December 2007, Technicolor partnered with DreamWorks Animation to assist Paprikass in the "recruitment, training and development of top-tier animation talent". By January 2010, Technicolor had raised its ownership in Paprikaas to 100%. Following the acquisition, Technicolor's Indian offices in Delhi were merged into Paprikaas, and the resulting studio was rebranded Technicolor India in May 2010.
In December 2007, Thomson SA agreed to sell off its Audio/Video and Accessories businesses (the RCA and Thomson brands except communications products such as cordless phones) to Audiovox. In October 2007, Thomson SA agreed to sell its consumer electronics audio video business outside Europe including the worldwide rights to the RCA brand.
On January 29, 2009, Thomson announced its intention to sell the PRN and Grass Valley businesses to focus on services business and improve its financial position.This was one of the consequences of an enormous financial crisis in 2009, which forced the company to a total financial restructuring to avoid bankruptcy. From 2010 to February 2011, "Technicolor" (having rebranded itself) divested these sub-businesses: Grass Valley and Broadcast to the Francisco Partners in July and December along with the Transmission business to PARTER Capital Group; Head-end to the FCDE (Fonds de Consolidation et de Développement des Entreprises), and reintegration of PRN.
On June 20, 2012, Vector Capital won a competitive bid for a minority stake in Technicolor,beating JP Morgan with a surprise, last-minute bid. With the investment of €167 - 191 million, Vector Capital will retain a minority stake in Technicolor of up to 29.94%. Following the deal, on June 21, 2012, Technicolor named Remy Sautter as Chairman of the Board and appointed two Vector Capital representatives to the board, Alexander Slusky and David Fishman.
On July 3, 2012, the Technicolor broadcast services division was acquired by Ericsson.
On June 10, 2014, Technicolor announced the acquisition of the Canadian VFX studio Mr. X Inc.The same year the company also shut down its last film lab.
On February 25, 2015, Technicolor acquired the French independent animation producer OuiDo! Productions. On July 23 of the same year, Cisco Systems announced the sale of its television set-top box and cable modem business to Technicolor for $600 million—part of a division originally formed by Cisco's $6.9 billion purchase of Scientific Atlanta.The deal was closed on November 20 same year.
On September 15, 2015, Technicolor acquired London-based visual effects leader in advertising The Mill for €259 million.
On November 13, 2015, Technicolor acquired the North American optical disc manufacturing and distribution assets from Cinram Group, Inc. for approximately €40 million.
In July 2018, Technicolor closed the sale of its Patent Licensing business to InterDigital for $475mand in February 2019, announced it has received a binding offer for its Research & Innovation Activity from the same company.
In December 2019, Technicolor and its former CEO, Frederic Rose, were indicted in France on charges of fraud and breach of trust in connection with their role in the bankruptcy of Tarak Ben Ammar's post-production group, Quinta Industries, and its subsequent acquisition of the company in January 2012.
In June 2020, Technicolor filed for Chapter 15 bankruptcy due to the COVID-19 pandemic.
Thales Group is a French multinational company that designs and builds electrical systems and provides services for the aerospace, defence, transportation and security markets. The company is headquartered in Paris' business district, La Défense and its stock is listed on the Euronext Paris.
Grass Valley is a manufacturer of television production and broadcasting equipment. Its product line includes cameras, live production switchers, replay and highlights products, media storage, editing, modular infrastructure, routing, conversion equipment, control, monitoring and automated playout, with solutions sold as hardware, software and SaaS. Headquartered in Montreal, Quebec, it was formed by the March 2014 merger of the Grass Valley with Miranda Technologies, which were both acquired by Belden in 2014 and 2012, respectively. In February 2018 owners Belden merged Grass Valley with new acquisition Snell Advanced Media. On July 2, 2020, Grass Valley announced the completion of its acquisition by private equity firm, Black Dragon Capital, from Belden Inc.
Racal Electronics plc was a British electronics company, founded in 1950.
Thomson may refer to:
TCL Technology is a Chinese multinational electronics company headquartered in Huizhou, Guangdong Province. Founded as a state-owned enterprise, it designs, develops, manufactures and sells products including television sets, mobile phones, air conditioners, washing machines, refrigerators and small electrical appliances. In 2010, it was the world's 25th-largest consumer electronics producer. Since 2015, it remains the third-largest television manufacturer by market share.
Thomson-CSF was a French company that specialized in the development and manufacture of electronics with a heavy focus upon the aerospace and defence sectors of the market.
Thorn EMI was a major British company involved in consumer electronics, music, defence and retail. Created in October 1979 when Thorn Electrical Industries merged with EMI, it was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index but it demerged back to separate companies in 1996.
A Technology and Engineering Emmy Award is given by the National Academy of Television Arts and Sciences (NATAS) for outstanding achievement in technical or engineering development. An award can be presented to an individual, a company, or to a scientific or technical organization for developments and/or standardization involved in engineering technologies which either represent so extensive an improvement on existing methods or are so innovative in nature that they materially have affected the transmission, recording, or reception of television. The award is determined by a special panel composed of highly qualified, experienced engineers in the television industry.
Thales Nederland B.V. is a subsidiary of the French multinational company Thales Group based in the Netherlands.
Cirpack is an NGN, SBC and IMS vendor for Telecommunications Operators, Internet and Application Service Providers, focusing on telephony services such as residential and business VoIP, IP Centrex, SIP Trunking, Triple play, Fixed Mobile Convergence, VoLTE, Transcoding etc.
Sarnoff Corporation was a research and development company specializing in vision, video and semiconductor technology. It was named for David Sarnoff, the longtime leader of RCA and NBC, and had headquarters in West Windsor Township, New Jersey, though with a Princeton address.
ProScan is a consumer electronics manufacturer and has a trademark in continuous use since 1990. It is one brand of the French company Technicolor SA with products competing with higher-end electronics. The ProScan name is owned by Technicolor USA, Inc. The company created television and video products to compete with Sony's Trinitron XBR, Pioneer's Elite, and other electronics brand lines. Competition is focused mainly on price to size ratio. The tagline for ProScan is "So advanced, yet so simple."
TeleMation Inc. was a company specializing in products for the television industry, post-production and film industry, located in Salt Lake City, Utah. TeleMation started with a line of black-and-white video equipment, and later manufactured color video products. Lyle Keys was the founder and president of TeleMation, Inc., started in the late 1960s. Early equipment was for the B&W broadcast, cable television, and CCTV market.
Broadcast Television Systems (BTS) was a joint venture between Robert Bosch GmbH's Fernseh Division and Philips Broadcast in Breda, Netherlands, formed in 1986.
Nordmende, originally from Bremen, Germany, is a trademark owned by Technicolor SA. Nordmende was historically renowned as a major consumer electronics brand for high quality televisions and domestic appliances. The brand is now manufactured and distributed under licence in the United Kingdom, Ireland, Turkey and Italy.
RCA is an American multinational trademark brand owned by French multinational corporation Technicolor SA, which is used on products made by that company as well as Voxx International, ON Corporation and Sony Music Entertainment. RCA is an abbreviation for the Radio Corporation of America, founded in 1919. The company became known as the RCA Corporation in 1969. RCA was purchased by General Electric in 1986 and its various divisions and assets were then liquidated.
Schneider Rundfunkwerke AG was a German manufacturer of mass market audio equipment.
Harmonic Inc. is an American technology company that develops and markets video routing, server, and storage products for companies that produce, process, and distribute video content for television and the Internet.
Thomson Video Networks (TVN) was a technology broadcast company that used to provide video compression, transcoding and processing solutions for media companies, video service providers, and TV broadcasters. The firm has offices in 16 countries and headquarters in Rennes, France. TVN has been acquired by Harmonic Inc. in 2016.
Thomson Broadcast is a French electronics manufacturer which designs, produces, deploys and services television and medium-wave radio transmission systems.