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Virtual Production Offers Real Savings For Studios Of All Sizes
Rob Legato, the award-winning FFX Supervisor whose work you may have seen in movies like Titanic, Avatar and The Jungle Book, is incredibly bullish on virtual production. At the Microsoft Production Summit, presented by NVIDIA NVDA +0.2%& Unreal Engine in Los Angeles, he reported that he recently did a movie with Ben Affleck and Matt Damon in twenty-four days, “Cutting down the days cut down the budget, and it’s amazing what a difference that can make. Productions can now do for $25 million what used to cost $100 million.”
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Sony Pictures Entertainment Acquires VFX Company Pixomondo
“Under the deal, Sony has acquired 100% of Pixomondo. The company will continue to be led by CEO Jonny Slow, who will now report to Ravi Ahuja, Chairman of Global TV Studios and SPE Corporate Development.
It will maintain three LED soundstages and seven offices in the U.S., U.K., Germany and Canada.”
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