Technicolor Files for Bankruptcy Protection, Thousands of VFX Jobs at Risk

Visual effects giant Technicolor, home to MPC, The Mill, and other prominent brands, has filed for bankruptcy protection in France after failing to secure new investors. The move threatens thousands of VFX jobs across the US, UK, Canada, and India. Some employees are already finding new opportunities; for example, a portion of The Mill's US team is launching a new venture, Arc Creative, with Dream Machine FX. Technicolor's struggles highlight challenges in the post-production industry, raising concerns within the VFX community and jeopardizing numerous ongoing film projects.