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The Collapse of the Visual Effects Industry

I made this silly video about the Oscars but it actually does reference a serious issue. In the last few months, several major visual effects companies hit big problems:

  1. Digital Domain (Titanic, Transformers Dark Side of the Moon) went bankrupt
  2. Pixomondo (Hugo) went bankrupt
  3. Dreamworks Animation (Shrek, How to Train Your Dragon) laid of 25% of its workers
  4. Rhythm and Hues (Life of Pi) went bankrupt

It’s a complicated problem and you can read more about it in this article on io9. But the upshot is that these are trying times for the industry that I work in.

This entry was posted on Saturday, March 2nd, 2013 at 11:18 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

2 Responses to “The Collapse of the Visual Effects Industry”

  1. Matt webb Says:
    March 2nd, 2013 at 11:53 am

    Also matte world digital and cinder biter closed.

  2. Mach Says:
    March 2nd, 2013 at 7:25 pm

    Ah, yes, right. It’s been a tough year.