Technicolor Creative Studios

Independent Research Reveals Massive ROI SpendHQ Can Generate for Procurement Teams

Retrieved on: 
Tuesday, February 27, 2024

SpendHQ , the best-in-class Spend Intelligence and Procurement Performance Management solutions provider, commissioned an independent study with research firm Hobson & Company to provide procurement teams with data from real-world customer experiences that helps them build their business case for high-ROI spend analysis and procurement performance tracking.

Key Points: 
  • SpendHQ , the best-in-class Spend Intelligence and Procurement Performance Management solutions provider, commissioned an independent study with research firm Hobson & Company to provide procurement teams with data from real-world customer experiences that helps them build their business case for high-ROI spend analysis and procurement performance tracking.
  • View the full release here: https://www.businesswire.com/news/home/20240227391951/en/
    Procurement ROI Example from SpendHQ.
  • Hobson's study also summarized the average value realized by using SpendHQ to address procurement productivity challenges, including:
    "Procurement teams continue to play a crucial role in contributing to an organization’s overall top- and bottom-line value.
  • For more insights on the Hobson & Company research on driving high-ROI spend analysis, visit: www.spendhq.com/resources/the-roi-of-spend-analytics
    For insights on driving high-ROI procurement performance management, visit: www.spendhq.com/resources/the-roi-of-procurement-performance-management
    To start building your own custom ROI business case with SpendHQ’s new Procurement ROI Calculator, visit www.spendhq.com/resources/roi-calculator

SpendHQ Celebrates Year of Customer Growth, Innovation and Global Impact of its Strategic Procurement Solutions

Retrieved on: 
Tuesday, February 6, 2024

High-value spend analytics and actionable procurement performance management need to come from a solid data foundation.

Key Points: 
  • High-value spend analytics and actionable procurement performance management need to come from a solid data foundation.
  • SpendHQ’s Strategic Procurement Platform helps organizations solve this data chaos challenge.
  • Its solutions also tracked and measured the performance of 135,000 procurement projects representing more than $210 billion in spend initiatives for its customers.
  • For more insights on how strategic procurement management can positively impact and accelerate core business objectives, visit www.spendhq.com/resources .

(French only) Technicolor Creative Studios : Mise à disposition du document autres informations

Retrieved on: 
Wednesday, December 13, 2023

Le présent communiqué a été établi par Technicolor Creative Studios et diffusé en application des dispositions de l’article 231-28 du règlement général de l’Autorité des marchés financiers (« RGAMF ») le 13 décembre 2022.

Key Points: 
  • Le présent communiqué a été établi par Technicolor Creative Studios et diffusé en application des dispositions de l’article 231-28 du règlement général de l’Autorité des marchés financiers (« RGAMF ») le 13 décembre 2022.
  • Les informations relatives aux caractéristiques, notamment juridiques, financières et comptables de Technicolor Creative Studios ont été déposées auprès de l’AMF le 12 décembre 2023 et complètent la Note en Réponse établie par Technicolor Creative Studios.
  • Les informations relatives aux caractéristiques, notamment juridiques, financières et comptables de Technicolor Creative Studios, ainsi que la Note en Réponse visée par l’AMF sont disponibles sur les sites internet de Technicolor Creative Studios ( www.technicolorcreative.com ) et de l’AMF ( www.amf-france.org ) et mises à la disposition du public sans frais au siège social de Technicolor Creative Studios, 8-10, rue du Renard 75008 Paris, 75004 Paris.
  • En conséquence, les personnes en possession du présent communiqué sont tenues de se renseigner sur les restrictions locales éventuellement applicables et de s’y conformer.

(French only) Technicolor Creative Studios : Mise à disposition de la note en réponse

Retrieved on: 
Tuesday, December 12, 2023

Le présent communiqué a été établi par Technicolor Creative Studios et diffusé en application des dispositions de l’article 231-27 3° du règlement général de l’Autorité des marchés financiers (« RGAMF ») le 12 décembre 2023.

Key Points: 
  • Le présent communiqué a été établi par Technicolor Creative Studios et diffusé en application des dispositions de l’article 231-27 3° du règlement général de l’Autorité des marchés financiers (« RGAMF ») le 12 décembre 2023.
  • En application de l’article L. 621-8 du code monétaire et financier et de l’article 231-26 du RGAMF, l’AMF a, en application de sa décision de conformité en date du 12 décembre 2023 relative à l’offre publique d’achat simplifiée visant les actions de la Société Technicolor Creative Studios, initiée par Baring Asset Management Limited, Baring International Investment Limited et Sculptor Capital LP, agissant au nom et pour le compte de fonds dont elles assurent la gestion ou qu’elles conseillent, TOCU LXII, PAF Lux SCA SICAV-RAIF et Glasswort S. à. r. l. (l’« Offre »), apposé le visa n°23-512 sur la note en réponse établie par la société Technicolor Creative Studios (la « Note en Réponse »).
  • La Note en Réponse visée par l’AMF est disponible sur les sites Internet de Technicolor Creative Studios ( www.technicolorcreative.com ) et de l’AMF ( www.amf-france.org ) et mise à la disposition du public sans frais au siège social de Technicolor Creative Studios, 8-10, rue du Renard, 75004 Paris.
  • Technicolor Creative Studios décline toute responsabilité quant à une éventuelle violation par toute personne de ces restrictions.

LucidLink Launches 'Unbound' Film Series Exploring How Creatives Collaborate and Expand Possibilities in this New Hybrid World

Retrieved on: 
Thursday, December 7, 2023

SAN FRANCISCO, Dec. 7, 2023 /PRNewswire/ -- LucidLink, pioneers in enabling instant access to data and real-time collaboration for the world's most creative companies, is launching a groundbreaking film series called 'Unbound' profiling how creatives are unlocking new possibilities without needing to work from the same office. The series' first episode will kick off with the creative studio Versus. It will show how they are collaborating across eight time zones and producing their best work with the support of LucidLink.

Key Points: 
  • It will show how they are collaborating across eight time zones and producing their best work with the support of LucidLink.
  • 'Unbound' is a groundbreaking studio profile series that delves into how Creatives, aided by LucidLink, can foster collaboration, produce exceptional work, and overcome challenges with relentless determination.
  • The studio operates with distributed teams around the world and has found LucidLink to be the backbone of its operation.
  • We want this series to be produced by Creatives to help other Creatives solve the challenges of building in this new hybrid and remote world without sacrificing their craft."

COGNIZANT REPORTS THIRD QUARTER 2023 RESULTS

Retrieved on: 
Wednesday, November 1, 2023

Total headcount at the end of the third quarter was 346,600, an increase of 1,000 from Q2 2023 and a decrease of 2,800 from Q3 2022.

Key Points: 
  • Total headcount at the end of the third quarter was 346,600, an increase of 1,000 from Q2 2023 and a decrease of 2,800 from Q3 2022.
  • Voluntary attrition - Tech Services on a trailing-twelve-month basis, declined to 16.2% from 19.9% in Q2 2023 and 29.2% in Q3 2022.
  • In October 2023, the Company declared a quarterly cash dividend of $0.29 per share, a 7% increase year-over-year, for shareholders of record on November 21, 2023.
  • Cognizant intends to build a consortium of partners, which then will help employ individuals who are upskilled through the Synapse initiative.

Technicolor Creative Studios selects Cognizant as its IT & Digital Transformation Partner

Retrieved on: 
Tuesday, October 31, 2023

TEANECK, N.J., Oct. 31, 2023 /PRNewswire/ -- Technicolor Creative Studios has selected Cognizant (Nasdaq: CTSH) as its global IT & Digital Transformation partner. Under the 5-year agreement, Cognizant will provide an end-to-end managed service for Technicolor Creative Studios' users, applications, and infrastructure. The solution caters to the dual mandate of rapidly establishing a managed service for the support of Technicolor Creative Studio's corporate applications, while at the same time providing high quality by adopting best practice operating models and processes right from the start.

Key Points: 
  • TEANECK, N.J., Oct. 31, 2023 /PRNewswire/ -- Technicolor Creative Studios has selected Cognizant (Nasdaq: CTSH) as its global IT & Digital Transformation partner.
  • Under the 5-year agreement, Cognizant will provide an end-to-end managed service for Technicolor Creative Studios' users, applications, and infrastructure.
  • "We are proud to be selected by Technicolor Creative Studios as their strategic IT partner," said Rohit Gupta, UK&I Managing Director at Cognizant.
  • Cognizant will help Technicolor Creative Studios transform its IT estate and provide a leading user experience to its creative minds globally."

Technicolor Creative Studios selects Cognizant as its IT & Digital Transformation Partner

Retrieved on: 
Tuesday, October 31, 2023

TEANECK, N.J., Oct. 31, 2023 /PRNewswire/ -- Technicolor Creative Studios has selected Cognizant (Nasdaq: CTSH) as its global IT & Digital Transformation partner. Under the 5-year agreement, Cognizant will provide an end-to-end managed service for Technicolor Creative Studios' users, applications, and infrastructure. The solution caters to the dual mandate of rapidly establishing a managed service for the support of Technicolor Creative Studio's corporate applications, while at the same time providing high quality by adopting best practice operating models and processes right from the start.

Key Points: 
  • TEANECK, N.J., Oct. 31, 2023 /PRNewswire/ -- Technicolor Creative Studios has selected Cognizant (Nasdaq: CTSH) as its global IT & Digital Transformation partner.
  • Under the 5-year agreement, Cognizant will provide an end-to-end managed service for Technicolor Creative Studios' users, applications, and infrastructure.
  • "We are proud to be selected by Technicolor Creative Studios as their strategic IT partner," said Rohit Gupta, UK&I Managing Director at Cognizant.
  • Cognizant will help Technicolor Creative Studios transform its IT estate and provide a leading user experience to its creative minds globally."

Technicolor Creative Studios: 9-month 2023 Business Update

Retrieved on: 
Wednesday, October 25, 2023

Technicolor Creative Studios Q3 2023 revenues decreased by -48.1% at current rate (-44.8% at constant rate) to €111.7 million.

Key Points: 
  • Technicolor Creative Studios Q3 2023 revenues decreased by -48.1% at current rate (-44.8% at constant rate) to €111.7 million.
  • At MPC, Q3 2023 revenues were down -56.8% year-on-year to €44.8 million, while 9-month 2023 revenues amounted to €167.5 million, down -47.1% at current rate (-44.6% at constant rate).
  • IFRS net debt amounted to €678 million as of September 30, 2023, compared with €610 million as of June 30, 2023.
  • The projected delisting of the Company along with these new financing arrangements attest to the strength of Technicolor Creative Studios’ shareholder support.

Technicolor Creative Studios: Business Update and First Half 2023 Financial Results

Retrieved on: 
Monday, October 2, 2023

Net financial debt at nominal value amounted to €5773 million at the end of June 2023, compared with €650 million at the end of December 2022.

Key Points: 
  • Net financial debt at nominal value amounted to €5773 million at the end of June 2023, compared with €650 million at the end of December 2022.
  • IFRS net debt amounted to €613 million as of June 30, 2023, compared with €739 million as of December 31, 2022.
  • Therefore, Technicolor Creative Studios expects its rebound to be postponed by one year.
  • As a consequence of the above, the Company is publishing the following forward-looking assumptions:
    For 2023: revenue contraction and adjusted EBITDA after lease to decrease by c.€40m compared to first half 2023.