CURTAINS FOR OKTOBOR
As many in the industry suspected would happen, just weeks after the demise of Geoff Dixon's TVC company Silverscreen, sister post production company Oktobor will be wound down and close within the next month.
"This is a sad day for the industry," said Oktobor chief Patrick McAteer, who's today been handed the task of passing on the news to staff that they'll be progressively made redundant over the next few weeks as Oktobor trades its way to zero, then closes.
"We'll finish the work already on our slate, and maybe take on a few small jobs that can be handled in the same time frame," McAteer told Fastline.
"The closure wil be weeks away, not days. But NZ is about to lose its premium high-end visual effects facility, ranked in the top 20 in the world, and all the uniquely talented people who've made it work."
McAteer believed Oktobor had been capable of trading its way out of the mire created by the collapse of Silverscreen, also owned by Geoff Dixon and his family trust, "but events have overtaken us." He also said Oktobor had suffered a backlash from the Silverscreen crash.
11 Comments:
A sad day for the whole industry.
6:56 pm NZDT
Very sad, it was a great place.
8:45 pm NZDT
all thanks to a rubbish bunch of agencies who all sell out to clients and have to meet global agency targets. And what gets chopped production budgets.
Get out the handy cam creatives.
The next few years is going to fun.
9:14 am NZDT
that IS a shame. guess it means there'll be quite a number of talented peeps on the hunt for work and to start up shops though. Sometimes things need to break to be rebuilt (oh so philosophical! :)).
See you in NZ soon.
12:22 pm NZDT
:-(
Worked with them recently. Great people, great product.
8:28 am NZDT
Ditto. An absolute shame. Patrick and co were really top blokes.
10:29 am NZDT
Thanks CAANZ for all the support you are giving the industry at the moment....
12:06 pm NZDT
ya,,,too bad, they are too good to be just GONE,,,,nobody can help?!!!
3:56 pm NZDT
They were OK. Their catering was spot on though.
8:26 pm NZDT
Talent will out. They'll be snapped up.
9:37 pm NZDT
Patrick you're right. It's a shame and you are a top bloke.
3:51 pm NZST
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