TECHNICOLOR_REGISTRATION_DOCUMENT_2017
1 - PRESENTATION OF THE GROUP Overview and historical background
OVERVIEWAND HISTORICAL BACKGROUND 1.1 OVERVIEW 1.1.1 [G4-2] [G4-4] [G4-9] GRI Overview Technicolor announced, on December 18, 2017, its decision to sell its Patent Licensing business and that it was in advanced negotiations with a third party. As a result, the Group reported the financial information of its patent Licensing business, previously included in the Technology segment, under Discontinued operations. 2016 results were re-presented for comparative purposes. Technicolor now operates two business segments: the Entertainment Services segment that regroups Production ■ Services and DVD Services activities; the Connected Home segment. ■
Technicolor has been contributing to the development of video technologies, products and services for more than one hundred years. The Group is a worldwide leader operating in the Media & Entertainment (“M&E”) sector. Our mission: developing, creating and delivering immersive augmented digital life experiences that ignite our imagination. Technicolor operates in three leading operating businesses: in Production Services, Technicolor is a leading provider of services ■ to content creators, including Visual Effects/Animation and video and sound Postproduction Services (“Production Services”); in DVD Services, Technicolor is a leader in replication, packaging ■ and distribution of CD, DVD and Blu-ray™ discs (“DVD Services”); in the Connected Home segment, Technicolor is a leader in the ■ design and supply of solutions enabling the delivery of digital video entertainment, data, voice and Smart Home services to Pay-TV operators and Network Service Providers including broadband modems and gateways, digital set top boxes, and other connected devices.
Unallocated Corporate functions and all other non-allocated activities, including Research & Innovation (“R&I”) and Trademark Licensing activities are presented within the segment “Corporate & Other”. For more information, please refer to section 1.3: “Organization & Business overview” of this Chapter. In fiscal year 2017, Technicolor generated consolidated revenues from continuing operations of €4,231 million. As of December 31, 2017, the Group had 16,307 employees in 32 countries. Publicly listed on Euronext Paris Exchange (TCH) with a market capitalization of €1,190 million as of December 31, 2017 and traded in the USA on the OTCQX marketplace (OTCQX: TCLRY).
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TECHNICOLOR REGISTRATION DOCUMENT 2017
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