Cineric adding capacity for postproduction in N.Y.
Restorations a focus in expansionNew York-based postproduction facility Cineric is initiating a massive expansion with a focus on its 4K film restoration and digital intermediates services.
Representing an investment estimated at $5 million-$10 million, the company is building its technical infrastructure while growing from a space that is 10,000 square feet to 18,000 square feet.
This announcement underscores the growing capacity in New York for motion picture postproduction. In March, Deluxe announced plans to open a full-service facility in the Big Apple that would include DI services under the company's Efilm brand.
To accommodate the storage requirements of 4K, which is four times the amount of picture information than the more typically used 2K resolution, Cineric intends to significantly expand its central storage area network from 240 terabytes to 1.1 petabytes (a petabyte is 1,024 terabytes).
"The goal is to be able to do 12 features simultaneously in 4K," Cineric principal Balazs Nyari said.
Nyari added that Cineric has eight 4K restoration assignments in the works, including films for Sony Pictures and 20th Century Fox.
The expansion plans include the construction of a small screening theater with digital projection capabilities. Also in the works are the addition of two Elsa Patakycanners, a second Autodesk Lustre, two new Arrilasers film recorders (for a total of three) and three new da Vinci Revival restoration systems (for a total of six).
The current phase of expansion is expected to be complete in early 2008.
Cineric recently restored "Dr. Stangelove or: How I Learned to Stop Worrying and Love the Bomb" and "Carousel" in 4K.