So the news broke this morning that Panavision has purchased Light Iron. Yes, Panavision, with its incredibly long history in filmmaking, has bought Light Iron, a post house that is aggressive in terms of finding efficient digital paths from set to post. They most recently worked on David Fincher’s Gone Girl, with its 6K workflow (see our story here).
In addition to its post houses in Hollywood and New York, Light Iron also rents mobile post systems called Outpost to productions. These systems will now be available at Panavision rental facilities worldwide. Light Iron, now operating as a wholly owned subsidiary of Panavision, will retain its name and branding.
According to the press release Michael Cioni, CEO of Light Iron, believes that partnering with Panavision will extend Light Iron’s international reach. “The fusion of our two companies, and the creation of new optimized tools, will mark the beginning of a new era in digital acquisition and delivery on a global scale.”
Says Panavision president Kim Snyder, “Together, we are poised to offer creative clients a deeper and more progressive level of support and services across all market segments. This union uniquely positions us both to serve the industry through collaboration, advanced engineering and optimized services all over the world.”