Deluxe Signs Innovative Multimillion-Dollar Services Agreement with Sony Pictures

Deluxe Signs Innovative Multimillion-Dollar Services Agreement with Sony Pictures

Deal Leverages Deluxe's Renowned Global Infrastructure and Talent Roster

NEW YORK, Feb. 2, 2015 /PRNewswire/ -- Deluxe Entertainment Services Group Inc. today announced that it finalized an agreement with Sony Pictures Digital Productions Inc. ("SPDP") under which Deluxe will bring its unmatched expertise and state of the art technology to Sony Pictures.

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Deluxe, which has been a leader for decades in media and entertainment services for film, video and online content, continues to expand the depth and reach of its exceptional artistry and digital capabilities.

Through Deluxe's relationship with Sony Pictures, the facility will offer state-of-the-art color grading, mastering, restoration and related services for film and TV projects by studios, networks, independent producers and filmmakers worldwide.

"This agreement is a milestone in our strategic efforts to link our industry-leading artisans arm in arm with world-class content creators," Deluxe CEO David Kassler said.

"This is yet another example of progress in our relentless pursuit of excellence for our key customers," added Deluxe Vice Chairman Cyril Drabinsky.

As part of the transaction, Deluxe acquired certain assets from Colorworks Inc. Deluxe will operate from a 14,000-square-foot facility, which includes one of the industry's leading 4K pipelines. The facility is housed in the studio's Stage 6 and features real-time, 4K processing in a full-digital workflow for top filmmakers from across the industry.

About Deluxe
Deluxe Entertainment Services Group Inc. is a global leader in media and entertainment services for film, video and online content, from capture to consumption.

Since 1915, Deluxe has been the trusted partner for the world's most successful Hollywood studios, independent film companies, TV networks, exhibitors, advertisers and others, offering best-in-class solutions in production, post-production, distribution, asset and workflow management, and new digital solution-based technologies.

With operations in Los Angeles, New York and around the globe, the company employs nearly 6,000 of the most talented, highly honored and recognized artists and industry veterans worldwide. Deluxe is a wholly owned subsidiary of MacAndrews & Forbes Holdings Inc. For more information visit www.bydeluxe.com.

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SOURCE Deluxe Entertainment Services Group Inc.

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Deluxe Entertainment Services Group Inc.

CONTACT: Joshua Vlasto, 212-572-5969, jvlasto@mafgrp.com

Web Site: http://www.bydeluxe.com


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