Deluxe Taps Former Technicolor & SDI Media Exec Walter Schonfeld to Lead Worldwide Digital Cinema Operations

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Deluxe Entertainment Services Group Inc. (Deluxe) announced today that Walter Schonfeld, the former CEO of SDI Media Group and former President of Technicolor Entertainment Services, has joined the company as President, Digital Cinema Global Operations. Schonfeld brings decades of industry experience and a track record of implementing technology to transform client services to this new role driving worldwide operations for Deluxe Technicolor Digital Cinema (DTDC).

DTDC, a joint venture between iconic entertainment services companies Deluxe and Technicolor, handles digital mastering, distribution and key management for feature film titles released worldwide.

Schonfeld is the former CEO of localization company SDI Media Group, where he led its successful turnaround; introducing technology-based tools and services to maximize its scale and scope, integrating global operations. Previously, he was also President of Technicolor's Worldwide Entertainment Services Group for six years, and was instrumental in transitioning the company to digital services and expanding the geographic scope of its operations. Prior to Technicolor, Schonfeld was a Senior Vice President at MCI Telecommunications, heading international business development and developing global strateties and partnerships for the S&P 500 firm. He is also a veteran, having served as a US Air Force Officer during the first Gulf War.

Walter has deep experience and decades-long relationships in the industry, said Deluxe CEO John Wallace, He knows what clients expect and what it takes to deliver in the increasing complexity and tight timelines our clients face today. We're excited to have someone of Walter's caliber lead DTDC as the demand for globalized content continues to grow.

Schonfeld, based in Burbank, takes over the leadership role of DTDC as Deluxe veteran executive Warren Stein departs at year's end. Stein and Schonfeld will work closely during this time to ensure consistent, ongoing high-quality client service and the smooth transition of all projects, processes and operations.

Schonfeld said, DTDC is highly regarded throughout the industry and well known for the quality of their work. The organization and its professionals around the world are top notch, and I'm looking forward to being part of the team John has been assembling and the new energy and vision he has brought to Deluxe.

Schonfeld will guide operations and teams across DTDC facilities worldwide; in Los Angeles, London, Toronto, Sydney, and Madrid.

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About Deluxe Entertainment Services Group Inc.

Deluxe Entertainment Services Group Inc. is the global leader in digital services and technology solutions for content creation and delivery. Since 1915 Deluxe has been a trusted partner to Hollywood studios, independent filmmakers, TV networks, online content producers, brands, and anyone looking to bring stories and experiences to audiences. Deluxe Creative companies house the world's top talent, amplified through a unified technology and business infrastructure to streamline processes, move media seamlessly, and connect our teams globally. Deluxe Delivery Solutions offer everything clients need to transform and deliver content in any format and release or broadcast window, for any recipient, to any device and destination. With headquarters in Los Angeles and New York, and operations in 25 key media markets worldwide, the company relies on the talents of 7,000 of the industry's premier artists, experts, and innovators. bydeluxe.com

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