Technicolor Creative Studios begins trading today on Euronext Paris under the ticker symbol TCHCS

Technicolor Creative Studios
Technicolor Creative Studios


Technicolor Creative Studios begins trading today on Euronext Paris under the ticker symbol TCHCS

PARIS, SEPTEMBER 27, 2022 – Technicolor Creative Studios (Euronext Paris: TCHCS) will today begin operating as a standalone company, following the distribution of 65% of its shares by Technicolor to its shareholders and the concurrent listing on Euronext Paris (under the ticker symbol “TCHCS”). The technical reference price for each Technicolor Creative Studios’ share (amounting to €1.9539 per share) for the opening of the trading session has been confirmed by a notice published by Euronext Paris on September 26, 2022.

Christian Roberton, Chief Executive Officer of Technicolor Creative Studios, said: “Today is a historic day as a new and exciting chapter begins for Technicolor Creative Studios. As an independent company, we will benefit from enhanced strategic and financial flexibility to extend our leadership and capitalize on the significant opportunities of a growing market for visual content. My ambition is to build the world’s most successful visual arts company. We believe our legacy for innovation and creativity is our foundation for the future, and the success of our studios will rely on continued investment in cutting-edge technology, the world’s best talent and our ongoing relationships with major entertainment studios and brands. The next chapter will be pivotal in our growth and evolution.

Technicolor Creative Studios has a rich 100+ years history, from providing pioneering color processes to becoming a leading independent provider of creative visual arts services.

Today, with more than 11,700 employees across 11 countries, Technicolor Creative Studios is well-positioned to deliver profitable growth and value creation.

The Group has award-winning teams of technologists and artists in key visual content domains across its four leading specialized brands: MPC (VFX services across feature film and episodic), The Mill (advertising and brand experience content), Mikros Animation and Technicolor Games.

To meet the fast-growing demand across all of its markets and further extend its leadership position, Technicolor Creative Studios activities will develop around key strategic pillars:

  • Expand capacity to meet strong demand and serve new markets;

  • Develop the Technicolor Creative Studios brand to be seen as an Employer of Choice by talent;

  • Continue to invest in R&D and Technology; and

  • Leverage existing capabilities to capture opportunities relating to The Metaverse.

Going forward, Technicolor, comprised of the Connected Home and Vantiva Supply Chain Services divisions, will remain listed on Euronext Paris under its new name of Vantiva and the ticker symbol VANTI.

d’Angelin & Co., Crédit Suisse, Goldman Sachs, Morgan Stanley, and Rothschild & Co. are acting as financial advisors to Technicolor and Technicolor Creative Studios. Allen & Overy is acting as legal advisor to the banks acting as financial advisors to Technicolor Creative Studios. Bredin Prat and Kirkland & Ellis are acting as legal advisors to Technicolor. Gide Loyrette Nouel is acting as legal advisor to Technicolor Board of Directors.


Legal Disclaimer

This press release has been prepared in the context of the spin-off of Technicolor Creative Studios (“TCS” or the “Company”) as a result of which Technicolor SA (“TSA”) ex-TCS is to become Vantiva. This press release is an advertisement and does not constitute a prospectus under Regulation (EU) 2017/1129 of the European parliament and of the council of 14 June 2017 (the “Prospectus Regulation”).
The prospectus prepared by TCS in connection with the admission of TCS shares to trading on the regulated market of Euronext in Paris as part of the distribution of 65% of TCS shares by TSA to its shareholders, approved by the AMF on August 1, 2022 under number 22-331, is  available free of charge and upon request at the company’s registered office, 8-10 rue du Renard, 75004 Paris, France, or on the websites of the AMF (, Technicolor ( and Technicolor Creative Studios ( The approval of the prospectus by the AMF should not be understood as an endorsement of the TCS shares covered by the prospectus. Potential investors in TCS are invited to consult the prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in TCS shares. In particular, investors’ attention is drawn to the risk factors relating to TCS described in Chapter 3 of the prospectus.
The distribution of this press release and the distribution of the shares of the Company may be restricted by law in certain jurisdictions and persons into whose possession this document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. This press release is not an offer of securities or investments for sale nor a solicitation of an offer to buy securities or investments in any jurisdiction where such offer or solicitation would be unlawful. No action has been taken that would permit an offering of the securities or possession or distribution of this press release in any jurisdiction where action for that purpose is required. Persons into whose possession this press release comes are required to inform themselves about and to observe any such restrictions.
The information contained in this announcement is for background purposes only and does not purport to be full or complete and no reliance may be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. Any purchase or subscription of shares of the Company should be made solely on the basis of the information contained in the prospectus relating to the admission of TCS shares on the regulated market Euronext Paris published on the website of TSA and TCS.
In France, a public offering of securities may only be conducted on the basis of a prospectus approved by the AMF.
European Economic Area and United Kingdom
With respect to member states of the European Economic Area (“EEA”) other than France (each, a “Member State”) and the United Kingdom (together, the “Concerned States”), no action has been undertaken or will be undertaken to make an offer to the public of the shares of the Company requiring a publication of a prospectus in any Concerned State. As a result, this press release may only be distributed in Member States: a) to legal entities which are qualified investors, as defined in the Prospectus Regulation, for any investor in a Member State, or Regulation (EU) 2017/1129 as part of national law under the European Union (Withdrawal) Act 2018 (the “UK Prospectus Regulation”), for any investor in the United Kingdom; b)to fewer than 150 natural or legal persons (other than qualified investors as defined by the Prospectus Regulation or the UK Prospectus Regulation, as the case may be); or c) in circumstances falling within Article 1(4) of the Prospectus Regulation or in the other case which does not require the publication of a prospectus pursuant to the Prospectus Regulation, the UK Prospectus Regulation and/or applicable regulation in these Concerned States.
United Kingdom
This press release does not constitute an offer of the Securities to the public in the United Kingdom. The distribution of this press release is not made, and has not been approved, by an “authorised person” within the meaning of section 21(1) of the Financial Services and Markets Act 2000. As a consequence, this press release is directed only at persons who (i) are located outside the United Kingdom, (ii) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005, or (iii) are high net worth entities and other persons to whom it may be lawfully communicated falling within Article 49(2)(a) to (d) of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (all such persons mentioned in paragraphs (i), (ii) and (iii) collectively being referred to as Relevant Persons”). The Securities will only be available to Relevant Persons and any invitation, offer or agreement to subscribe, purchase or acquire such Securities may be addressed or engaged in only with Relevant Persons. All persons other than Relevant Persons must abstain from using or relying on this document and all information contained therein. This press release is not a prospectus which has been approved by the Financial Conduct Authority or any other United Kingdom regulatory authority for the purposes of Section 85 of the Financial Services and Markets Act 2000.
United States of America
This press release does not constitute or form a part of any offer of Securities or solicitation to purchase or subscribe for Securities in the United States. The Securities may not be offered, subscribed or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements thereof. The shares of the Company have not been and will not be registered under the U.S. Securities Act and the Company does not intend to make a public offer of its securities in the United States.
Canada, Australia and Japan
The Securities may not be offered or sold in Canada, Australia and Japan.


Technicolor Creative Studios shares are admitted to trading on the regulated market of Euronext Paris (TCHCS) 

Technicolor Creative Studios is a creative technology company providing world-class production expertise driven by one purpose: The realization of ambitious and extraordinary ideas. Home to a network of award-winning studios, MPC, The Mill, Mikros Animation and Technicolor Games, we inspire creative companies across the world to produce their most iconic work.  
Our global teams of artists and technologists partner with the creative community across film, television, animation, gaming, brand experience and advertising to bring the universal art of storytelling to audiences everywhere.


Investor Relations Contact:
Alexandra Fichelson

Corporate press:
Catherine Kuttner
Nathalie Feld