Technicolor boosts role in French cinema

While consolidation in the post industry is alive and well, we're seeing a lot more proof that the behemoths are simply buying companies on the cheap, vs. paying a premium for talent and/or clients. This Reuters article is a pretty straight-forward example.  

Technicolor SA plans to expand in the French cinema industry by buying the digital post-production activities of Quinta Industries, which was put into liquidation last month, briefly threatening the future of 60 films.  The company wants to build on its recent expansion in film post-production in Hollywood and New York to help the French industry transition to digital formats and is looking for more opportunities to expand geographically, it said on Friday.