Los Angeles: Streamland Closes Buy of Sim Video as Postproduction Giant Expands
BY CAROLYN GIARDINA | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com Combined with the recent purchase of Technicolor Post, the Bill Romeo-led company has widened its Los Angeles and global footprint. Streamland Media has completed its acquisition of Sim Video International’s postproduction business, roughly three months after it acquired Technicolor’s post business. Terms of the deal were not disclosed. Plans for the Los Angeles-headquartered Streamland — the parent of leading audio post facility Formosa Group as well as Picture Shop, Picture Head, Ghost VFX, The Farm Group and Finalé Post — to acquire Sim were first announced in April. The Sim Post acquisition, like the Technicolor…