The company services multiple clients in the film, television, digital content and advertising industries across the globe, and has been recognized with 10 Academy Awards for scientific and technical achievements, including developments in CinemaScope pictures (as part of 20th Century Fox) and more recently for a process of creating archival separations from digital image data.
[5][6] In 1916, Fox Film Corporation opened its studio in Hollywood[7] on 13 acres at Sunset and Western.
Among the actions taken to maintain liquidity, Fox sold the laboratories in 1932 to Freedman, who renamed the operation Deluxe.
[6] Other innovations included the processing and sound striping of CinemaScope, and were patented and/or received Academy awards.
[6][14][15] On 9 February 2012, Deluxe acquired Hong Kong–based visual effects and post-production company, Centro Digital Pictures, with its founder John Chu remaining as president while reporting to Alaric McAusland, managing director for Deluxe in Australia.
[21] On 22 April 2015, Deluxe and its longtime competitor, Technicolor S.A., announced that they had entered into a binding agreement to create a new joint venture known as Deluxe Technicolor Digital Cinema which will specialize in cinema mastering, distribution and management services.
The same month on the 24th, the company received court approval to emerge from bankruptcy with a comprehensive restructuring plan.