
Moviola company was sold by Iwan Serrurier's son Mark Serrurier 1966 to Magnasync Corporation of North Hollywood for $3 million. The new name was Magnasync/Moviola Corporation & President was Mr. L. S. Wayman.
Mr. Wayman sold Moviola Company to J & R Film Co. in 1984. Moviola is still operating in Hollywood.
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