[NEWS] Past Doctor Who visual affects company bankruptcy

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Date : 10. Mar 2025, 03:26:02
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    Former Doctor Who VFX Company, The Mill, Goes Into Administration
    -----------------------------------------------------------------
    VFX studio The Mill, which provided visual effects for Doctor Who
    from the revival of the series in 2005 until 2013, has gone into
    administration and closed down.
    Launched in 1990, the company produced visual effects for around
    150 episodes of Doctor Who and associated shows, Torchwood and
    The Sarah Jane Adventures.
    The move follows its parent company, Technicolor Creative Studios
    UK Limited, filing for administration on 24th February 2025.
    Technicolor owned several leading visual effects studios including
    MPC and Mikros Animation as well as The Mill, though the
    appointment of administrators relates only to the UK side of the
    business. BBC News reports that the company's directors were
    unable to find a buyer, and that the majority of the more than 440
    people employed in the UK have now been made redundant. Joint
    administrator Nick Holloway said:
        "The economic headwinds which are affecting companies right
         across the creative industries have proved too challenging
         to overcome, which has led to Technicolor's UK business
         being placed into administration today."
    The legacies of the Covid shutdown in production and the lengthy US
    writers' strike, together with a fall in advertising revenue, have
    caused a major slowdown in the industry. As has been been widely
    reported, established UK broadcasters, the BBC, ITV, Channel 4, and
    Sky, have all cut production budgets, and new commissions from
    streaming giants like Netflix and Amazon have not been enough to
    take up the slack. The Guardian has also reported that market
    pressures have led to UK independent production companies
    struggling to stay in business, with widespread job losses and the
    closure of a number of established names including RDF and Label 1.
    The Mill will always have an important place in twenty-first century
    Doctor Who's history (including designing the 2005 title sequence)
    and we wish all those affected by this sad news of its closure well.
    <https://thedoctorwhocompanion.com/2025/03/10/former-doctor-who-vfx-company-the-mill-goes-into-administration/>
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