WireImageThe movie industry has changed considerably since the moving-picture cinema was created in the 1880’s, as the work of a few inventors (including Thomas Edison) and technologies merged together to create something very similar to today’s theatrical movie business. One more indication of the changes in the movie industry today involve one of the great technology companies of the early 1900’s - Technicolor. Other deals have also been made in the post-production area, such as Company 3’s sale to Framestore, a large visual effects and production company backed by China Cultural Investments Holding Company of Shanghai, China. The Wizard of Oz is one of the biggest early color films aided by Technicolor technology. said to this author, “Technicolor is selling what is likely the least valuable portion of its creative services business, post production.

Source: Forbes January 22, 2021 19:52 UTC