Ftrack said today it has acquired Cospective, the company behind the widely used Oscar- and Emmy-winning remote review and approval tool CineSync.
Cospective will continue to develop and support both CineSync and Frankie, a similar, browser-based tool aimed at shortform production, from its headquarters in Adelaide, Australia. Cospective is also expected to maintain existing integrations with third-party software such as Shotgun and NIM. At the same time, Ftrack said, Cospective users will soon have access to 24-hour product support through the larger Ftrack organization.
Prices will not change and the CineSync branding will remain in place following the acquisition, Ftrack said.
Ftrack also said no staffers will be made redundant by the acquisition. Instead, the company said it expects to make new hires in development, support, sales and marketing in Adelaide as well as the U.S., Europe, and China in 2020.
However, in an FAQ on the acquisition, Ftrack seemed to suggest Frankie’s days may be numbered, noting that its own Ftrack Review will offer similar functionality with an expanding feature set. Even so, the document indicates Frankie will be supported and developed “for the foreseeable future.”
“Ftrack is committed to CineSync’s continued growth and to offering the same service that our customers have come to expect,” said Cospective CEO Rory McGregor in a prepared statement. “Ftrack also presents new opportunities to add features, to grow the Adelaide team, and to develop review solutions for modern workflows.”
Cospective’s customer base includes Disney, Warner Bros., Paramount, 20th Century Fox, Sony, Technicolor, Deluxe, Netflix, HBO, MPC, Framestore, ILM, and Double Negative. Recent projects finished using CineSync include Game of Thrones, Ready Player One, The Walking Dead, and every title in the Marvel Cinematic Universe.
