Deluxe Entertainment Services Group recently held an event to introduce its new Bud Stone Building to the Hollywood community. Dedicated in memory of the company’s late president, the new facility was built to meet a growing demand for motion-picture film processing and print-delivery services. Numerous prominent directors, producers, cinematographers and representatives of companies servicing the entertainment industry attended the event. The evening included an emotional ribbon-cutting ceremony led by Judy Stone, widow of Bud Stone, Deluxe President and CEO Cyril Drabinsky, Deluxe Chairman Ronald O. Perelman and Los Angeles Mayor Antonio Villaraigosa. “As Deluxe continues to expand its worldwide footprint to fulfill growing demand for both film and digital services, it is an honor to officially open our newest facility in Hollywood in Bud Stone’s name,” said Perelman.
Deluxe has been providing motion-picture lab services in Hollywood since 1919. The new building adds 58,600 square feet to the Deluxe operating facilities, which now total 152,000 square feet. The building will contain new, higher-capacity processing and printing machines and will allow Deluxe to reduce its use of electricity by about 20 percent and its water use by about 25 percent. Company representatives say this is part of the company's program to reduce its consumption of utilities and chemicals while also reducing, reusing and recycling raw materials during the development and processing of motion-picture film prints.
Burton “Bud” Stone, a highly respected industry leader in film editing and lab services, served as the president of Deluxe from 1976 until he retired in 1994. Stone was recognized by the Academy of Motion Picture Arts and Sciences with its John A. Bonner Medal of Commendation for outstanding service and dedication in upholding the high standards of the Academy. He was also conferred an honorary membership in the American Society of Cinematographers, a tribute that has only been presented to two dozen individuals of merit, including Thomas Edison, George Eastman and Astronaut “Buzz” Aldrin.