Prime Focus is to sell its 30% stake in Digital Domain-Reliance for US$30 million to its partner Digital Domain Holdings.
Special effects company Double Negative is to close its Singapore production facility. The company said that the closure will result in the redundancy of the majority of its staff in Singapore and…
Prime Focus World and the U.K.'s Double Negative are to establish a joint visual effects facility in Mumbai, India. The companies say that the facility will be in Mumbai's Film City and be built to…
Vancouver, Canada — It's a tale as old as Hollywood: A new kid hits town with big dreams, makes some mistakes, stumbles, gets back up and claws a path to the top. Usually that’s a cautionary…
Indian giants combine forces to finance Double Negative acquisition.
Updated 9:00 a.m. PDT — Prime Focus World and Double Negative have agreed to merge in a deal that represents a major shakeup at the top of the visual effects business. The combined entity will be the…
Prime Focus Technologies, the tech arm of Prime Focus, announced Monday that it has inked a deal to acquire DAX, whose services include cloud-based production workflow and media asset management…
"When I first heard that this was being done, I wasn't excited, I was frightened," said George Feltenstein, senior VP of theatrical catalog marketing for Warner Bros. Digital Distribution, says of…
CNN topper Jeff Zucker's plans for the network might be summed up by the following: Everything needs to change, but much of it is going to remain the same. In a brief but wide-ranging interview at a…
Visual effects and 3D conversion company Prime Focus World has secured some $53 million in additional equity investment and is not for sale, its CEO said Friday. Indiatimes.com had reported that…
The word has gone out again in visual effects business: "There's trouble in Montreal." Quebec's new incentives are turning Montreal into a burgeoning hotspot for the global vfx biz. But the city has…
2016-2017 Oscar Predictions
- From Kevin Costner to ‘Kubo,’ Left-Field Oscar Nominations That Could Happen
- London Critics Awards: ‘La La Land’ Best Film, Isabelle Huppert Doubles Up
- Playback: Damien Chazelle on ‘La La Land,’ ‘First Man’ and Daring to Dream
- Final Oscar Predictions: 5 Lingering Questions With Nominations on the Way