Sun Innovation, the Hong Kong-listed shell company that earlier this year acquired visual effects firm Digital Domain, is to be renamed Digital Domain Holdings Limited.
Digital Domain Media Group
The acquisition of Digital Domain 3.0 Saturday by a Hong Kong-based scrap-trading company is in reality just the public face of a complex, long-gestating deal financed by a mysterious Chinese…
Production on Digital Domain Media Group's animated feature "The Legend of Tembo" shut down when DDMG declared bankruptcy last September, and many of its freelance artists lost not only an important…
2016-2017 Oscar Predictions
Over the weekend I heard from blogger “VFX Soldier” asking if this comment on his post regarding the visual effects demonstrations held the Sunday the Oscars were held might be from former Digital…
A bankruptcy judge has greenlit a plan for Universal and 20th Century Fox to provide up to $17.1 million in loan financing to allow vfx firm Rhythm & Hues to continue operating following its Chapter…
Visual effects company Digital Domain Sunday night confirmed it sale to Galloping Horse America and Mumbai-based Reliance Mediaworks for $30.2 million.
Digital Domain heads for auction Friday with a handful of bidders lined up and the first lawsuit is filed against the bankrupt company in Florida, where officials defended their dealings with the…
Tuesday's pre-dawn announcement that Digital Domain Media Group had declared Chapter 11 bankruptcy and then sold part of itself to Searchlight Capital Partners for $15 million touched off some…
The bankruptcy filing of Digital Domain has already created a fallout in a state all too familiar with boom and bust: Florida, which had staked some $20 million that a new production facility would…
After several weeks of high drama, troubled Digital Domain Media filed for Chapter 11 in the U.S. and Canada and agreed to sell its production business to Searchlight Partners Capital for $15 million.
Financially strapped Digital Domain Media Group said its main lenders have agreed to a forbearance, meaning they won't force the company to repay $35 million it owes. That pressure could have pushed…