Thomson acquires Moving Picture Company
December 20, 2004
Thomson has purchased the Moving Picture Company from British broadcaster ITV for $76 million.
"Alien vs. Predator" features visual effects from the Moving Picture Company, now owned by Thomson.
The Moving Picture Company (MPC), located in the Soho district of London and employer of about 400 people, is a provider of visual effects (VFX) and post-production services to the feature motion picture and commercial advertising industries in Europe and the United States.
The post-production market is currently valued at around $4 billion, the companies said. Visual effects have become one of the highest-profile and value-added post-production services, representing around $500 million of the worldwide post-production market. In 2004, all of Hollywood’s top-grossing films used visual effects.
MPC provides VFX for major Hollywood studios including Warner Bros., Twentieth Century Fox and Universal Pictures. Recent titles include "Alexander," all three "Harry Potter" films, "Troy," "Alien vs. Predator," and "Lara Croft: Tomb Raider." Over the last 12 months, MPC has generated more than $63 million in total sales, the companies said.
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