Reliance MediaWorks acquires UK's film processing firm ilab
07 January 2010
Reliance MediaWorks (RMW), part of the Anil Ambani controlled ADAG, has acquired the assets of London-based ilabs in order to expand its services in the front-end, processing, restoration, 2D to 3D conversion and post-production services to broadcasters and studios.
ilab, the UK's newest film processing laboratory and post production facility, located in the heart of London's Film and Post Production in the entertainment hub of Soho in the West end of London, is one of the two film processing facilities in London, and the lab of choice for high-end processing for film, TV and commercials.
RMW, which did not disclose the financial terms of the acquisition had, through its UK subsidiary, already secured image processing and restoration work for two high profile projects from leading UK broadcaster at RMW's LA-based subsidiary Lowery Digital.
Commenting on this international expansion, Anil Arjun, CEO of RMW said, ''Through RMW UK we would provide next generation services for the local film makers and broadcasters, while also catering to Hollywood and Hindi film businesses.''
''The acquisition of iLabs not only allows us to strengthen our services portfolio in UK, but we are also fortunate to gain talent, experience and local learning that ilabs team brings onboard. We look forward to the creative synergies that integrating of UK operations would bring to the entire film and media services value chain that RMW has developed across continents'' he added.
In the past year, ilabs has been the house of choice for film rushes for the majority of high-end film originated Drama Series for the BBC and offers bespoke, specialist rushes service round the clock for the commercials, feature and broadcast market.