Equipment From Legendary Audio Post-production Company Available In Webcast Auction
–Tiger Group and GA Global Partners offer assets formerly owned by Todd-Soundelux
BURBANK, Calif. (9/30/14)—By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division and GA Global Partners will conduct a public webcast auction at 10:30 a.m. (PT) on Oct. 7 and 8 to sell all of the sound mixing, mobile editing, recording, computer networking, projection and other equipment, as well as office furniture and furnishings from the Todd-Soundelux bankruptcy. More than 3,000 lots of equipment and other assets from the company’s Lantana, Burbank, Seward and Hollywood facilities will be available at this two-day online event.
Interested parties can pre-bid, starting October 1, and/or follow along real time with the webcast auction on October 7 and 8 at www.soldtiger.com.
Previews of the various assets being offered will be held on October 3, 4 and 6 from 10:00 a.m. to 4:00 p.m. (PT) at three locations: the Burbank studio at 2901 W Alameda Ave; the Hollywood facility at 7080 Hollywood Blvd., Los Angeles; and at 1121 Chestnut St., Burbank, which houses the equipment formerly maintained at the Seward and Lantana facilities.
“Todd-Soundelux grew through the consolidation of several high-end post production studios, bringing together a deep and vast selection of sound, projection and editing gear,” noted Jeff Tanenbaum, President of Tiger Remarketing. “This sale features equipment that will suit the broad tastes of pro-sound engineers and production facilities, as well as A/V enthusiasts and the general public.”
Key sound assets featured in the auction include Avid Icon dual operator consoles and hundreds of Pro Tools HD systems, eight System 5 dual operator Euphonics consoles, hundreds of Euphonics interface components, and more than 50 mobile editorial rigs. Also available is a wide selection of microphones from companies like Beyer, Sony, Neumann, and Sennheiser; and outboard gear from Aphex, Amek, Dolby, Eventide, and others.
Monitors and loudspeakers include gear manufactured by Auratone, Bag End, and BMS. Amplifiers and speaker management systems include units from Alesis, Bryston, Cinepro, and Martinsound. Metering, audio recorders and decoders and projection and display equipment will also be offered.
Computer and networking equipment includes more than 200 Apple Mac Pro dual and quad core units, Mac XServer and XRaid units, Acer and Samsung monitors, and more.
Furniture, furnishings and business equipment include Herman Miller Aeron chairs, reception and sound stage sofas, club chairs, office furniture from the Burbank facility, as well as printers and full-featured copiers.
Todd-Soundelux provided postproduction services for notable titles, including Black Sails, Game of Thrones, Mad Men, NCIS, and CSI. Its roots go back to the 1950s, when Todd-Soundelux was known as Todd-AO, originally promoting the then-revolutionary widescreen cinema format developed by Broadway producer Mike Todd. The company later shifted its focus to the sound business and went through multiple owners before being acquired by Florida-based Empire Investment Holdings. But a significant decline in revenues, primarily in the feature film segment, hurt the independent postproduction sound business in the Los Angeles area. Todd-Soundelux LLC filed for Chapter 11 bankruptcy on May 21, 2014 in the California Central District Bankruptcy Court (case number 2:14-bk-19980).