13 Feb 2012 08:53
Embargoed: 13 Feb 2012
DCD Media plc
("DCD" or the "Group")
New Post Production Company
DCD Media plc, the independent TV production and distribution group, is pleased to announce it has taken on the brand, assets and senior management of UK post production company 'Sequence Post-Production Ltd', adding a new activity to the range of its television production businesses.
'Sequence Post Production Ltd', whose clients notably included All3Media, IMG, Tiger Aspect, Prism, North One, Mentorn, Sunset & Vine, Sky, BBC Sport, Top Gear Live and DCD Media, and most recent credits included Hollyoaks, Top Gear Live, James Bond end titles, Red Bull Air Race and ATP Tennis highlights, met with a difficult situation towards the end of 2011 and was unable to continue funding the business independently.
The new 'Sequence' based in London Fitzrovia will be recruiting new staff, updating in-house technical facilities and putting new infrastructure in place to ensure that the company is leading the way in tapeless, file based HD post work flows.
As part of the move DCD Media will benefit from an effective in-house post department capable of servicing each of their production companies with the highest level of post and channel delivery. With financial backing and business infrastructure in place, continuation of long-standing client and supplier relationships and significant new deal negotiations will help bolster the new company for a solid future.
David Green, CEO, DCD Mediasaid: "We are delighted to bring Sequence's widely recognized creative talent and assets into the group in a move to boost our in-house production capabilities and deliver added benefit across our production operations".
Sequence brand Founder Ben Foakes added: "We are very pleased to have been recognised by such an established group for our quality of work. We have lacked capital investment and business support in the past, but will now benefit from an entire team of business specialists to backup our creative team".
13 February 2012
For further information please contact:
David Green, Chief Executive
DCD Media plc
Tel. 020 8 563 6976
Jeremy Ellis
Evolution Securities
Tel. 020 7071 4300
Notes:
About DCD Media plc
DCD Media is one of the UK's 'super-indies', a large group of production and distribution companies making and delivering high quality content for Television, DVD and new media worldwide.
The group's production arm comprises a number of high profile content producers active in all non fiction programming genres in the UK and US, including:
- September Films, a leading international producer of reality television, entertainment and formats based in Los Angeles and London
- DCD Factual, which includes established factual producers Prospect Pictures, Prospect Cymru in Wales and West Park Pictures
- Other factual companies include Matchlight, a Joint Venture with some of Scotland's leading programme makers and Rize USA the new transatlantic production company led by Creative Director Sheldon Lazarus
The group's intellectual property arm comprises a number of distribution companies including:
- International TV distributor DCD Rights; publishing, licensing and merchandising division DCD Publishing; and DVD label Digital Classics
For further details see www.dcdmedia.co.uk