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Indian animation entertainment industry is a highly fragmented industry. Indian players are primarily involved in the labour-intensive production and post-production activities, as a ‘Service Provider’ working on the revenue model of ‘Work-For-Hire’. This means that most skill sets are at the lower end of the value chain.
India is gradually moving away from the shadow of being a destination for outsourcing animated content into a location capable of creating quality content for the global audience. “In the recent past, Indian animation companies and animation studios have been moving up the value chain to create their own intellectual property rights.
DreamWorks Animation's "Rise of the Guardians" will receive this year’s Hollywood Animation Award at the 16th Annual Hollywood Film Festival and Hollywood Film Awards gala ceremony, to be held October 22 at the Beverly Hilton Hotel. The announcement was made Tuesday by awards founder and executive director Carlos de Abreu.
A bankruptcy court in the US has approved the proposed USD 30.2 million sale of Hollywood film-maker James Cameron's Digital Domain Productions to Reliance MediaWorks and China-based Galloping Horse America. Following the approval from the US Bankruptcy Court in District of Delaware.
Technopark based Toonz Animation India has signed a pact with Los Angeles-based Lawless Entert-ainment as worldwide representative for licensing and merchandising "Paddy's Pages" - pre-School 25 episodes series.
India and Spain signed an audio visual co-production agreement in the area of feature films, documentaries and animation films. "The agreement provides opportunities for both the countries to pool their creative, artistic, technical, financial and marketing resources to co-produce films,".
DQ Entertainment International (DQE), an entertainment production and distribution company, has signed a deal with Australian Broadcasting Corporation (ABC) for telecasting of the two 3D television series Iron Man (season 2) and Casper (season 2).
Namit Malhotra doesn’t run Hollywood, but the founder and managing director of Prime Focus, a leading visual entertainment multinational based in Mumbai, holds far more clout in Hollywood than many local post houses in Los Angeles, California.
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 11 filing last week.
DreamWorks Animation will lay off approximately 350 employees, about 15 percent of its full-time staff, CEO Jeffrey Katzenberg and CFO Lewis Coleman said Tuesday during the company’s fourth-quarter The Burbank, Calif.-based company posted a loss of $83 million.
The Indian M&E industry grew from Rs 728 billion in 2011 to Rs 820 billion in 2012, registering an overall growth of 12.6 per cent. While 2012 was a challenging year for the industry, with some improvement likely in the global economy in 2013 and India’s real GDP expected to be in the region of 6.1 per cent to 6.7 per cent.
Who could`ve possibly imagined that a housefly could become one of the most loved film characters of Indian cinema in recent times? The credit goes to the team behind Makuta VFX, who are basking in the glory of winning the National Award as they recall ‘Eega’ as their toughest project.
Autodesk has announced the new features of its 2014 Entertainment Creation Suite, which comprises the latest editions of award-winning 3D animation, visual effects and creative tools Maya, 3ds Max, MotionBuilder, Mudbox, Softimage and SketchBook Designer.
US-based visual effects studio Prana Studios Inc., which is backed by a group of investors including Mahindra and Mahindra Ltd chairman Anand Mahindra, has acquired animation studio Rhythm and Hues. At a hearing held in a US bankruptcy court in Los Angeles, Judge Neil Bason approved Prana Studios.
Indian animation and visual effects powerhouse, Tata Elxsi - Visual Computing Labs (VCL) was recently honored with "Best VFX shot of the year" and "Best Animated Feature Film (Theatrical)" awards at the prestigious FICCI Frames BAF Awards 2013.
Ethyrea Films has successfully concluded negotiations and is pleased to announce a $9 million dollar visual effects co-production deal with Reliance MediaWorks (RMW). Reliance Group has been a contributor to blockbusters like "Cowboys and Aliens," "War Horse" and the critically-acclaimed film, "Lincoln".
Every time your heart starts pounding during an ultra-realistic fight scene in a film, or you are left in awe at the lifelike features of your favourite stars in a video game, remember a team of creative experts is behind the attractive output. And, they’re often closer home than you may think.
Prime Focus has recently announced that the company will open a new office in Beijing, China. The move brings the full array of services offered by the Prime Focus group of companies to China, including visual effects, 3D conversion, animation via its Prime Focus World.
Adobe said in a press statement that Photoshop CC would push the boundaries of possibility, offering a powerful new creative process, legendary imaging magic, and greater creative freedom with new tools and workflows.
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