VFX Giant MPC and Parent Company Technicolor May Shut Down Amid ‘Severe Financial Challenges’
In an ominous sign for visual effects artists, Technicolor-owned MPC, the banner behind recent Disney films “Mufasa: The Lion King,” “The Jungle Book” and “The Lion King,” could begin shutting its doors as early as Monday, according to multiple sources. A total shutdown of MPC and Technicolor’s operations would effect thousands of visual effects workers, leaving a significant void in the industry. If no viable solution is found, the company may be required to cease its U.S. operations as early as Monday, February 24, 2025.
- The impending closure of MPC could have far-reaching consequences for the film and television industries, which heavily rely on visual effects companies to bring their stories to life.
- What will be the impact on the talent pool of skilled visual effects artists who work at MPC, and how will they adapt in a rapidly changing industry?