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Cooper Brothers Buy The Post GroupThirty-one-year old post production company sold to Matt and David Cooper (May 02, 2005)
The Post Group announces it is under new ownership. The thirty-one-year old post production company, one of the last remaining independently owned post facilities, has been sold to filmmaker and entrepreneur Matt Cooper and his brother, David Cooper. The Coopers also own Lightning Media and co-own iO Film and Santa Monica based production company, The Vault.
As an accomplished filmmaker, Matt Cooper knows how to define and address the needs of producers and directors, and has put his plan into action by combining the synergistic companies, iO Film, Lightning Media and, now, The Post Group. Together, these companies establish the core of Coopers ideal communal filmmaking environment: a creative campus comprised of a collection of service-oriented boutiques offering one-stop production and post production services. ?The Post Group has terrific horse power, and has assembled amazing talent along with state of the art equipment, states Matt Cooper. ?Our goal is to create the best place to work and the best place to have work done. Once a filmmaker steps into our world, they wont need to go anywhere else.
When Cooper met with Fred Rheinstein, founder and original owner of The Post Group, the initial plan was to incorporate the DI services and state-of-the-art stadium seat theater of its soon-to-be-neighbor, iO Film. What began as a strategic alliance negotiation, ended with the Coopers agreeing to purchase the Hollywood icon.
Stephen Buchsbaum, current CEO of Lightning Media, will also serve as the new CEO of The Post Group. ?Were very excited about the acquisition of The Post Group and are committed to its continued growth, Buchsbaum states. The growth has in fact already begun with the addition of a second AVID Nitris system which expands the companys non-linear HD capabilities. ?The synergy of The Post Group, Lightning Media and iO Film, will give us an opportunity to expand in HD post production markets with services ranging from full DI film finishing, color correction, telecine, editing and visual effects, through sound sweetening, conversions, duplication and DVD replication, as well as Internet design and development, concludes Buchsbaum.
About Matt Cooper
Matt Cooper is a graduate of UCLA Film School. He is a writer, producer and director with four feature films to his credit: ?The Last Supper, ?Campfire Tales, ?Panic and ?Perfect Opposites. He is also a licensed attorney in the state of New York and a former stand-up comedian.
About David Cooper
David Cooper has been involved as executive producer of The Vault production company, and has historically been responsible for securing financing. Based in New York, David is CEO and Chairman of ProHEALTH Corporation, a physician practice management company, managing the largest multi-specialty practice in New York State with over 600 employees and over $100 million dollars in yearly revenue.
About The Post Group
Founded in 1974, The Post Group is an industry leading post production provider serving the entertainment and media businesses. Known for its commitment to personal service, quality artists, and state-of-the-art technology, The Post Group offers telecine, editing, visual effects, audio sweetening, conversions, quality control, and duplication to studios,
networks, producers, advertising agencies, and others worldwide.
For more information, visit The Post Group web site at www.postgroup.com or call (323) 462-2300.
Related Keywords:The Post Group, Matt Cooper, David Cooper, Lightning Media, iO Film, The Vault, filmmaking, Fred Rheinstein, DI, Stephen Buchsbaum, AVID Nitris, telecine, visual effects, sound sweetening, duplication,