Visual effects company Digital Domain Sunday night confirmed it sale to Galloping Horse America and Mumbai-based Reliance Mediaworks for $30.2 million.
On Digital Media
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.
YouTube has partnered with U. of Southern California's School of Cinematic Arts and Columbia College of Chicago to launch YouTube Creator Institute Programs.
Sony Corp.'s new Sony Broadband Entertainment plans to announce today that it has created a subsidiary called 550 Digital Media Ventures, which will function partly as a venture fund to explore and…