Future Film Group closes Pepper Post - PSNEurope

Future Film Group closes Pepper Post

London audio and video facilities house Pepper Post closed last Friday (10th June) after owner the Future Film Group decided to concentrate on its core film finance, production and digital distribution businesses, writes Kevin Hilton.
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London audio and video facilities house Pepper Post closed last Friday (10th June) after owner the Future Film Group decided to concentrate on its core film finance, production and digital distribution businesses, writes Kevin Hilton. The board of Future Film now intends to find a buyer to take on Pepper as a "going concern". Pepper was founded as a video editing and colour grading facility but formed a joint venture with Future Post in 2007 to run its audio dubbing operation. This was put on hold when Pepper Post Production went through an administration process in July 2008 and was re-launched as Pepper Post Limited. The new company took over Future Post, with Future Films maintaining a "minor investment" in Pepper. The Theatre 1 dubbing room at Noel Street in Soho (pictured), equipped with an AMS Neve DFC Gemini, was refurbished and re-opened as Pepper Sound during 2009, with Pepper's vision facilities in a building on Greek Street. Future Film Group took over Pepper at the end of last year and added an ADR room at Noel Street. Despite Theatre 1 being the second biggest mix room in central London and picking up business while De Lane Lea was closed, both Pepper's audio and video operations reportedly struggled in recent months. In a statement Future Film said it was withdrawing from "the physical post-production sector" and closing Future Post Production, which traded as Pepper Post. Thomas Gardiner, chief operating officer of Future Film Group, confirmed that "the majority" of Pepper staff had been made redundant. Property agents went into the premises on Monday and Gardiner said there has been interest from "a couple of people" in seeing the facilities. Asked if Future Film would consider selling the audio and video operations separately he said the group would "be happy to look" at separate sales. Gardiner added that post was not a core activity for the Future Film Group. "It would have taken a lot of time, effort and money to make post-production a core business for us in the current market," he said. www.futurefilmgroup.com

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