By Elina Shatkin, January 15, 2005
iO Film, a digital film finishing company, has entered into a new strategic and financial partnership with Matt Cooper, owner of duplication firm Lightning Media. The new partnership is a result of the on-going demand from the entertainment industry for digital intermediate mastering services, and will allow iO Film to package clients' film finishing and video deliverable services through its new association with Lightning. The announcement was made today by iO Film CEO Howard Cohen and President Tim Krubsack.
As a result of this new strategic and financial alliance, iO Film will be relocating in early Summer 2005 to a new, 30,000 square foot facility in Hollywood on Cahuenga Blvd, just south of Sunset Blvd
. The new site will triple the number of iO Film’s current DI suites, and will allow the company to add a significant amount of new high-end hardware and software. iO Film will also operate a new, 49-seat digital and film projection screening room at the new location, with future hardware investments set to include multiple 2K/4K DI suites, additional Arrilaser film recorders, and increased storage for scanning.
iO Film’s current projects include director Paul Haggis’ “Crash” for Lions Gate Films, starring Sandra Bullock, Brendan Fraser, and Don Cheadle, “Hooligans,” for Odd Lot Entertainment, starring Elijah Wood, and “The Celestine Prophecy.”
.
|