The color(s) There is a red tilde mark(~) after the sylized letter "V" and directly before the word "Line" is/are claimed as a feature of the mark.
The mark consists of A silhouette of a man stepping outside a doorway wearing a cap and holding a film clapper (aka. slate); followed by a stylized "V", which is followed by a red tilde mark(~), which is then followed by the stylized word "Line", and underlined by the word "Productions" below the words "V~Line".