Tag: shutdown

  • Technicolor India team not given funds to pay salaries: Biren Ghose, India head

    Technicolor India team not given funds to pay salaries: Biren Ghose, India head

    MUMBAI: In a devastating blow to India’s animation and visual effects industry, Technicolor India has left  thousands of employees unpaid for February 2025 and facing profound uncertainty about their future. 

    During an online town hall meeting held presumably on Wednesday, a visibly tense  Technicolor India head  Biren Ghose delivered the shocking news, revealing that he himself and other senior local leadership had been entirely blindsided by the decision, learning of it only when they received an unexpected email from the company’s global CEO that  morning. (The townhall video has been leaked online on YouTube.)

    Ghose methodically explained the structural relationship between Technicolor India and its parent company, emphasising that the Indian division functions exclusively as a global delivery centre.

    “We operate solely as a production hub for Technicolor’s international sites while Paris headquarters maintains absolute control over all corporate functions—finance, accounting, payables, technology, HR and all the backbone functions of the organization,” he stated. This arrangement, he clarified, meant that “India works and delivers for our various global sites. They are our customers; they deal with our clients world over, we deliver to them, we invoice them, and they pay us,” underscoring the fundamentally dependent nature of the Indian operation.

    In what appeared to be an attempt to distance himself from responsibility, Ghose revealed that despite what he characterised as persistent, diligent and increasingly urgent requests to corporate headquarters for operating funds over a period of several months, the parent company has categorically refused to release any money to the Indian operation.

    “Unless headquarters releases these funds, we will not be in a position to pay salaries or other dues which are quite significant across the company in India,” he said. “We have all been impacted by this like everyone else on this call.”

    The immediate practical consequences for employees are severe and multifaceted. The company’s offices have been rendered completely inoperative, with all staff instructed to work from home while protracted negotiations continue with landlords about the future of their premises. In a particularly distressing development for employees who left personal belongings at their workstations, they have been explicitly instructed not to attempt collection until further notice from the facilities team, who plan to coordinate access on a floor-by-floor basis at some unspecified future date.

    In what numerous employees later described as the most contentious and troubling moment during the town hall, Ghose appeared to issue a thinly veiled warning against potential legal action. 

    “I cannot be held financially responsible as your management team and leader in India,” he stated emphatically. “However, whatever action you take can work against finding any solutions through our conversations with clients and potential partners. I am not promising we will find any, but if you don’t function as a team, we don’t function as a team, we could drive away potential solutions.” 

    This statement was widely interpreted by attendees as an attempt to discourage employees from pursuing legitimate legal remedies.

    While repeatedly acknowledging the trauma experienced by staff and referring to the affected workforce as “best in class talent,” Ghose offered little in the way of concrete assistance beyond saying the company’s HR team has committed to providing documentation and support to help employees find new positions elsewhere. 
    “It is unfortunate that this has happened to the best in class talent,” he remarked, in what many employees felt was a grossly inadequate response to their dire circumstances.

    The abrupt cessation of operations has left employees not only without February salaries but also facing uncertainty regarding provident fund contributions, and other statutory entitlements. Industry observers note that this sudden closure raises profound questions about Technicolor’s global financial health, corporate governance practices, and ethical commitment to its Indian workforce. The situation has sent shockwaves through India’s animation and VFX community, which had long viewed Technicolor as a stable and prestigious employer.

    For thousands of skilled professionals who now face abrupt career disruption and immediate financial hardship with no advance warning, the company’s handling of the situation appears to constitute a significant breach of trust, leaving many questioning whether they will ever receive their rightful compensation for work already performed. Online chat rooms feature employees venting out their frustration at what they called being “cheated.”  

  • Unlock 5.0: Maharashtra to not go national way

    Unlock 5.0: Maharashtra to not go national way

    MUMBAI: Denizens of Maharashtra will have to wait a while before they start tasting the freedom of unlock 5.0 guidelines from 15 October announced by the ministry of home affairs (MHA) yesterday.  The MHA gave the go-ahead to organisers of B2B exhibitions, cinema halls, entertainment complexes, schools, and swimming pools to open outside containment zones. Additionally, cultural, religious and  other gatherings of 100 plus persons could also be allowed in certain areas.

     

    Even as the experiential and event sector was celebrating, the Maharashtra government announced its own set of guidelines which put a dampener on everyone’s spirits. According to these, exhibitions, theatres, swimming pools, large gatherings, schools,  are a no-no in the state until 31 October. The lockdown will continue in Maharashtra  until 31 October. However, the Udhav Thackeray led government has allowed tiffin delivery services to travel by local trains, permitted the opening up of hotels, restaurants and bars at 50 per cent of seating capacity.

     

    Mumbai, which probably contributes a large chunk of the movie box office, has a very active B2B exhibition schedule, will not be able get going in full swing. For that, we will have to wait for another day.

     

  • RBNL-CBS part ways

    RBNL-CBS part ways

    MUMBAI: Two giants came together around three years ago: the Los Angeles based CBS Studios International and the Reliance ADA group’s Reliance Broadcast Networks Ltd (RBNL)’s subsidiary Reliance Television to set up Big CBS Networks, which would roll out a bunch of niche channels targeted at various specific audiences. Three channels emerged: Big CBS Prime, Big CBS Love, and Big CBS Spark.

    On 31 December 2013, the two parted ways and the shutters were downed on the joint venture, though Big CBS Prime and Love stopped getting carriage on DTH platforms and cable TV networks in November itself. At that time, when indiantelevision.com contacted RBNL CEO Tarun Katial, all he said was no comment but the channel spokesperson stated that the channels were being aired on platforms where carriage fees were not being charged and that efforts were being made to redeem the situation.

    But the fact is that a large US studio exited from the channel business in India just as the new year dawned, though it continues to operate in India and has been striking syndication deals with channels such as AXN from the Sony Entertainment Television network, Star World from Twenty first Century Fox and Zee Cafe from the Zee Network.

    RBNL officials say that the parting was healthy and happened mutually. Sources indicate that the two channels Love and Prime had eight employees and they have been absorbed in RBNL in other departments.  Big CBS Spark Punjabi has been renamed as Big Spark Punjabi and the network says it will be focusing on regional channels going forward.