Deluxe has been a major player in the production of movies on film and in digital post-production. Sounds like what is closing is the local lab for processing film. "A further sign of film's exit from the Hollywood stage," says Richard Verrier at the LAT's Company Town blog. Technicolor closed its Glendale facility last year.
In a letter to customers, Warren Stein, chief operating officer of Deluxe Laboratories, said the Hollywood film processing facility will close May 9.
"The capture and exhibition of motion pictures has transitioned from film to digital in recent years," Stein said in the letter obtained by The Times. "Our processing volumes have declined sharply and as a result, the laboratory has incurred significant financial losses. This has forced us to make this very difficult decision."
Following the recently announced closure of the Deluxe laboratory in London, Deluxe's only remaining film processing facility will be a small operation in New York.
"I would like to thank all of our employees for their incredible contribution to the success of Deluxe, their dedication to meeting the needs of our many customers and their loyalty in recent years as the business declined," Stein wrote. "While emotionally attached to our 100-year legacy with film, we are firmly focused on the future of Deluxe. In this historic time in our industry, we wanted to thank our customers for their business and for their trust."
Deluxe says of itself, "For nearly a century, we have been the industry leader in lab/film processing, providing the most technically advanced and environmentally friendly services in the world. We help filmmakers create the magic of film by adjusting the color and density of pictures earning us the familiar trademark 'Color by Deluxe.'"