Updated 5:56 p.m. PDT As news swirled of layoffs and retrenchment across the visual effects industry, Rhythm & Hues studios was officially sold to an affiliate of Prana Studios. Prana is often called…
What may simply seem like a buyer walking away from a deal to salvage struggling Rhythm & Hues Studios is turning out to be a lot more complex. Just a few days ago, JS Communications could hardly…
The head of the South Korean firm looking to snap up Rhythm & Hues revealed in an exclusive interview Sunday with Variety that he intends to keep the company going. David Shim is managing partner of…
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Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles1Daily:$7.6M Cumulative:$79.8M Paramount Pictures 13.49%
Guardians of the Galaxy
Guardians of the Galaxy2Daily:$6.6M Cumulative:$188.5M Disney 23.68%
Into the Storm
Into the Storm3Daily:$2.1M Cumulative:$21.1M Warner Brothers / New Line 21.06%
Updated at 8:50 p.m. PST JS Communications of South Korea's “Stalking Horse” bid for bankrupt vfx firm Rhythm & Hues has been approved by the court. Peter Fishman of investment bank Houlihan Lokey…
By midday Monday, as word spread in the visual effects community of that acclaimed vfx studio Rhythm & Hues would declare Chapter 11 bankruptcy, the already-jittery artists wondered who would speak…
The visual effects industry woke up Monday morning to news it had been dreading: One of the biz's most admired companies, Rhythm & Hues, had been forced into bankruptcy.
Rhythm & Hues Studios is hunting for new capital, and the visual effects company will likely have to sell a minority stake to get it.
Oscilloscope Laboratories has acquired North American rights to Todd Berger's comedy "It's a Disaster," which premiered in June at the Los Angeles Film Festival.
After just a year with Disney Animation, Erika Burton will return to Rhythm & Hues as co-prexy of the company's film division.
Visual effects company Rhythm & Hues Studios has pacted for three new ventures in Taiwan: a film investment fund, a new visual effects facility and a cloud computing center for the vfx and animation…