Technicolor shuts Bengaluru operations, impacting city's AVGC-XR sector

The Hindu reports that Technicolor, the 110-year-old media and entertainment technology company, has closed its Bengaluru operations. The closure is expected to affect the city's animation, VFX, and XR ecosystem. Technicolor has been a significant player in post-production services in India, and its exit from Bengaluru represents a notable loss for the local AVGC-XR industry and the talent workforce dependent on the company.

Reported by The Hindu. This is a wire brief — read the full story here.