Quinta Industries seeks personal personal bankruptcy protection

PARIS -- Tarak Ben Ammar's Quinta Industries, among Gaul's finest publish-production and vfx facilities groups, remains placed directly under Gaul's comparable to Chapter 11 personal personal bankruptcy protection having a French court. The crowd, including LTC, Scanlab and Duran Duboi, utilizes nearly 200 staff. Duran Duboi's latest commissions include toon feature "The Boy While using Cuckoo-Clock Heart," that's produced by Luc Besson. Ben Ammar mentioned he'd produce an agenda to protect jobs for the company's employees yearly two several days. Employees ongoing strike lately simply because they hadn't received their salaries. French-Tunisian professional has 83% from the organization, because the remaining stake is possessed by Technicolor, which showed up in this area of private personal bankruptcy protection in February. Since most of Quinta Industries' activities was connected with output of 35mm release prints, the acceleration of French theaters' digital conversion throughout the final three several days introduced for the company's downfall, Ben Ammar told French news agency AFP. According to Thierry p Segonzac, prexy of Ficam, french specialists association, the eye in film prints has dropped 30% every year since 2008, inducing the decline of several companies, including Laboratory Eclair, which completed its debt recovery plan taken. "four years ago all films were distributed on film prints, today it's only 20% of those,In . P Segonzac mentioned. "When the film and TV board CNC setup its plan to digitize French screens it did not make sure to think about the publish-production industry," he added. Quinta Industries is an element of Quinta Communications, Ben Ammar's production and distribution giant, whose credits include Jean-Jacques Annaud's "Black Gold." Contact the number newsroom at news@variety.com