Formosa Group is a privately owned post-production sound company founded in 2013 and headquartered in the United States. It provides sound supervision and design, sound and music editorial, re-recording mixing, integration, and music for film, broadcast, games, and other platforms. The company has approximately 490 employees and generated around $50 million in revenue in 2022. Formosa Group is a subsidiary of Streamland Media.
Formosa Group, a Hollywood post-production house for sound and audio, announced several significant developments. On August 18, 2022, its parent company, Streamland Media, acquired the award-winning sound studio Sonorous Trident UK. This acquisition brought the renowned talent and facility of Sonorous Trident under the Formosa Group umbrella. In another notable event, Formosa Plastics Group, one of Taiwan's largest companies, is exploring collaboration opportunities with the Korea Advanced Institute of Science and Technology (KAIST) in the fields of advanced biotechnology and eco-friendly energy. Chairman Sandy Wang, a member of Formosa Group's standing committee, will visit KAIST on September 13, 2023, to discuss potential partnerships. Furthermore, Formosa Group underwent a leadership reshuffle, with founder Robert Rosenthal returning as President and Matt Dubin being appointed as Divisional Chief Operations Officer. This news follows Rosenthal's surprising resignation in spring 2023, which had shaken the industry.
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Formosa Group offers products in the media tech industry. Formosa Group's product portfolio comprises of broadcast professional services.
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Formosa Group's revenues were less than $100M in 2022. Caretta Research has split Formosa Group's revenue into 2 different product categories, the largest of which is post production services. For full access to Formosa Group's revenue breakdown subscribe to Caretta Portal.
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Formosa Group's customers primarily consist of broadcast professional services companies. Examples of Formosa Group's customers include Sony Group, Sumo Digital and Riot Games.
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