Based around an Ursa Diamond machine, previously owned by facilities house Pepper, and a Pogle Platinum grading system the new company will do film transfers and tape-to-tape grading. Penn and Yeo will take on the roles of joint managing directors and have brought in colourists Chris Goding and Tony Singh. TK One will be based at M2 in Ingestre Court.
Engineering consultant Graham Collett of Sprockets is installing the suite which should be operational by the end of the month. M2 is also providing financial backing for the company and has come to a reciprocal agreement that will see the two companies working together on some projects. No financial details were revealed. TK One will specialise in archive and restoration work.
Meanwhile, M2 has taken delivery of a second Avid HD Nitris suite and employed Editbox editor Marcus Millichope from The Farm. Further investment is expected with a second HD-capable TK suite planned for the end of the year.
Millichope's recent credits include fx work on Baby Cow's The Mighty Boosh , titles and graphics work on X-Rated - the Videos They Tried to Ban from Visual Voodoo and on-air promo work for the Sci Fi Channel.