- This image released by HBO shows Natalie Dormer, left, and Diana Rigg in a scene from “Game of Thrones.” Todd-Soundelux, which is in bankruptcy, has done sound for the TV show.
- Macall B. Polay/Associated Press
Sound equipment company Todd-Soundelux LLC is selling all of its sound equipment, including the Burbank, Calif., studio responsible for the postproduction sound of hit shows like “Mad Men” and “Game of Thrones.”
A bankruptcy judge last week gave Tiger Group and GA Global Partners the right to sell the 25,000-square foot studio, including all the equipment inside. Buyers can bid on the facilities and equipment on either floor, or both, and enter new lease agreements. The studio is “ready to operate,” Tiger said in a press release issued Wednesday.
The studio has all the things you want in a postproduction sound studio but were frightened to ask for: large and medium-scale re-recording stages, a large-scale ADR stage and of course the must-have Avid dual operator consoles with large-scale Pro Tools systems! Projects can move freely between rooms. Oh, and don’t worry if you mess up: Full technical support is available on-site, Tiger said.
“This sale represents an opportunity to step into the void being left by the decommissioning of Todd-Soundelux’s Burbank studios and the dismantling of the company’s other mixing sound stages in Hollywood and Santa Monica,” said Jeff Tanenbaum, president of Tiger Remarketing Services, in the Wednesday press release.
Mr. Tanenbaum said a buyer could “step into the void” left by the decommissioning of the Burbank studios, “and the dismantling of the company’s other mixing sound stages” in Hollywood and Santa Monica, Calif. He said the space would be ideal for a smaller company or for a larger one looking for “modest” expansion.
Todd-Soundelux, formed by the merger of two longstanding sound companies, Todd-AO and Soundelux, told the Hollywood Reporter in May that the company hopes to continue operating in Chapter 11 while it looks for a buyer. The bankruptcy filing was brought on by revenue declines, particularly in its feature-film business.
The company’s studios also did postproduction sound for CIS, NCIS and Black Sails.
When Todd-Soundelux filed Chapter 11, it reported assets and debts each in the range of $1 million to $10 million in its Chapter 11 petition. Court papers show the company is 100% owned by Empire Investment Holdings LLC, the Miami investment firm of which David F. Alfonso is founder, chairman and chief executive. Mr. Alfonso is the chairman of Todd-Soundelux.
Write to Joseph Checkler at joseph.checkler@wsj.com. Follow him on Twitter @JoeCheckler.
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