Venezuela has the largest proven oil reserves in the world. It was once so rich that Concorde used to fly from Caracas to Paris. But in the last three years its economy has collapsed. Hunger has gripped the nation for years. Now, it’s killing people and animals that are dying of starvation. The Venezuelan government knows, but won’t admit it!!! Four in five Venezuelans live in poverty. People queue for hours to buy food. Much of the time they go without. People are also dying from a lack of medicines. Inflation is at 82,766% and there are warnings it could exceed one million per cent by the end of this year. Venezuelans are trying to get out. The UN says 2.3 million people have fled the country - 7% of the population.

Thursday, February 17, 2011

Industry News: Technicolor to open new film lab in Glendale...

Technicolor Inc., the Hollywood film processing and post-production company, is building a new film lab in Glendale.

The 40,000-square-foot facility, adjacent to DreamWorks Animation on Flower Street, is set to open this summer.

It will replace a much larger lab at Universal Studios that is shutting down in June. Technicolor had lost its contract with Universal to rival Deluxe and said the rapid acceleration of digital cinema had weakened demand for film processing. The company also processes film prints in the Montreal suburb of Mirabel.

About 100 of the 360 workers laid off as a result of the closure will be rehired to work at the Glendale lab, Technicolor executives said.

In addition to offering such services as processing film negatives and color correction, the lab will focus on developing 70mm film prints, which are in strong demand thanks to popularity of IMAX and other big- screen formats.

Thank you Los Angeles Times


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A.
www.chicas-productions.com
Posted by Essentials by APA at 11:23 AM
Labels: , ,
Location: Glendale, CA, USA

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