DNEG

Korea's VFX Company, Dexter Studios, Continues Its Journey Towards the Global Market Beyond Asia

Retrieved on: 
Thursday, December 28, 2023

Renowned for its exceptional competitiveness, the company's "unseen VFX" in the movie "Parasite" (2019) stunned the Academy Awards.

Key Points: 
  • Renowned for its exceptional competitiveness, the company's "unseen VFX" in the movie "Parasite" (2019) stunned the Academy Awards.
  • Nevertheless, Dexter Studios developed its own integrated simulation solution, Zelos, and set a milestone as the first Asian success story.
  • Dexter Studios continues to work on global projects, most recently providing VFX technology for the US, Japan, and Hungary collaboration "Knights of the Zodiac" (2023) and the Netflix series "Yu Yu Hakusho" (2023).
  • It will be interesting to see if the once small Korean studio will make history with a new shock in the global content market.

Dexter Studios, a Korean VFX company, presents an iconic VFX visual again on a global stage through 'YuYu Hakusho' as Netflix Original series

Retrieved on: 
Monday, December 18, 2023

SEOUL, South Korea, Dec. 18, 2023 /PRNewswire/ -- Dexter Studios has produced one of the global hottest films with a Japanese famous real-life animation.

Key Points: 
  • SEOUL, South Korea, Dec. 18, 2023 /PRNewswire/ -- Dexter Studios has produced one of the global hottest films with a Japanese famous real-life animation.
  • Listed on KOSDAQ, Dexter Studios has the own contents production capacity as one of the major players in Korean contents industry.
  • "Based on the experiences we accumulated so far, we worked on 'YuYu Hakusho' VFX in Netflix original series," said Dexter Studios on the 18th.
  • In addition, Dexter Studios had successfully participated in the VFX of 'Knights of the Zodiac', a US-Hungarian-Japanese co-produced Hollywood film.

IMAX® and Prime Focus Technologies (PFT) expand strategic relationship into the streaming ecosystem

Retrieved on: 
Wednesday, September 13, 2023

AMSTERDAM, Sept. 13, 2023 /PRNewswire/ -- Entertainment technology industry leader IMAX Corporation® (NYSE: IMAX) and PFT, the creator of AI-powered technology solutions for the Media and Entertainment (M&E) industry, today announced plans to expand their strategic relationship beyond theatrical and into the streaming ecosystem.

Key Points: 
  • Under the arrangement, IMAX will expand access to its Stream Smart™ technology to PFT customers across Europe, Asia, and Australia.
  • The expanded partnership will dramatically increase the global availability of Stream Smart™, which helps streaming platforms deliver maximum picture quality while significantly reducing distribution and storage costs.
  • "For over a decade, CLEAR®, our flagship product, has spearheaded digital packaging and delivery services for prominent streaming platforms worldwide.
  • CLEAR® & Stream Smart will help optimize our customers' encoding pipeline, so they deliver better streaming quality while optimizing CDN & storage costs."

IMAX® and Prime Focus Technologies (PFT) expand strategic relationship into the streaming ecosystem

Retrieved on: 
Wednesday, September 13, 2023

AMSTERDAM, Sept. 13, 2023 /PRNewswire/ -- Entertainment technology industry leader IMAX Corporation® (NYSE: IMAX) and PFT, the creator of AI-powered technology solutions for the Media and Entertainment (M&E) industry, today announced plans to expand their strategic relationship beyond theatrical and into the streaming ecosystem.

Key Points: 
  • Under the arrangement, IMAX will expand access to its Stream Smart™ technology to PFT customers across Europe, Asia, and Australia.
  • The expanded partnership will dramatically increase the global availability of Stream Smart™, which helps streaming platforms deliver maximum picture quality while significantly reducing distribution and storage costs.
  • "For over a decade, CLEAR®, our flagship product, has spearheaded digital packaging and delivery services for prominent streaming platforms worldwide.
  • CLEAR® & Stream Smart will help optimize our customers' encoding pipeline, so they deliver better streaming quality while optimizing CDN & storage costs."

Keynote and Full Schedule Announced for Academy Software Foundation's Open Source Days 2023

Retrieved on: 
Friday, July 21, 2023

LOS ANGELES, July 21, 2023 /PRNewswire/ -- The Academy Software Foundation – the motion picture industry's premier organization for advancing open source software development across image creation, visual effects, animation, and sound technologies – has announced the full schedule for its upcoming Open Source Days event, with the Main Program taking place on August 6, accompanied by a new Virtual Town Hall Series with presentations scheduled from July 25 through August 3, and a full day of Birds of a Feather (BoF) sessions at SIGGRAPH on August 7.

Key Points: 
  • Held annually, Open Source Days is the leading event dedicated to furthering open source software development for the visual effects, animation, and digital content creation industries, bringing together leaders from creative studios, software and hardware makers, and more.
  • The Main Program for Open Source Days will be held on August 6 in Los Angeles at the JW Marriott LA Live, with a virtual attendance option as well.
  • This year's Open Source Days keynote will be delivered by Wenzel Jakob, Assistant Professor in the Realistic Graphics Lab at Switzerland's EPFL School of Computer and Communication Sciences, on " Strategies for Open Source Development in Academia ."
  • For more information on Open Source Day and to register to attend, please visit: https://events.linuxfoundation.org/open-source-days/
    Open Source Days 2023 will conclude with a full day of open source Birds of a Feather sessions on Monday, August 7 at the JW Marriott LA Live.

DNEG Enters into MOU to Acquire Prime Focus Technologies’ Business

Retrieved on: 
Thursday, April 13, 2023

PFT, a subsidiary of DNEG’s parent company, Prime Focus Limited, has offices located across North America, the United Kingdom and India.

Key Points: 
  • PFT, a subsidiary of DNEG’s parent company, Prime Focus Limited, has offices located across North America, the United Kingdom and India.
  • “DNEG is the entertainment industry’s go-to premium turnkey solutions provider thanks to organic market share expansion and key, strategic acquisitions, including today’s MOU with PFT,” said Namit Malhotra, DNEG Chairman and CEO.
  • “In concert with DNEG’s deals for several lines of production and post-production services from Prime Focus Limited earlier this year, and our latest studio opening in Sydney, DNEG is truly a global, 24/7 force in the business.
  • The transaction with DNEG will enhance PFT’s financial strength and stability and help in building longer-term relationships with our clients.

Metaphysic Announces Strategic Hires of Leading Hyperreal AI Creator Sam Head and AI Compositing Supervisor Thomas Salama and Leads Scott Bourne and Matteo Olivieri-Dancey

Retrieved on: 
Thursday, March 2, 2023

LONDON, March 2, 2023 /PRNewswire/ -- Metaphysic announced today the appointment of leading hyperreal AI and VFX creator Sam Head, publicly known as Shamook, as the company's Senior AI Model Artist, as well as Thomas Salama, AI & Compositing Supervisor, Scott Bourne, AI Compositing Lead and Matteo Olivieri Dancey, AI Innovation Lead. The team arrives from George Lucas-founded and Walt Disney Company-owned entertainment firm, Industrial Light & Magic, where they collectively led de-aging and hyperreal content for ABBA: Voyage concert experience, The Book of Boba Fett, and more. Head, Salama, Bourne, and Olivieri-Dancey will report to Metaphysic's Chief Innovation Officer, Jo Plaete.

Key Points: 
  • Head, Salama, Bourne, and Olivieri-Dancey will report to Metaphysic's Chief Innovation Officer, Jo Plaete.
  • The new hires mark a significant investment in Metaphysic's creative team following an extraordinary year of high-profile partnerships and projects in the entertainment industry.
  • Metaphysic created live hyperreal performances of Elvis Presley, bringing generative AI to TV for the first time ever and effectively changing the future of entertainment.
  • As the newest members of the development team, Head, Salama, Bourne, and Olivieri-Dancey collectively bring decades of experience to their roles.

DNEG Acquires Film Studio Complex and Premier Production Services Assets

Retrieved on: 
Wednesday, February 22, 2023

DNEG , a leading visual effects (VFX) and animation studio for the creation of feature film, television and multiplatform content, today announced the acquisition of various production and post-production services assets, including a film and TV production studio complex comprising eight soundstages, from its parent company, Prime Focus Limited (PFL).

Key Points: 
  • DNEG , a leading visual effects (VFX) and animation studio for the creation of feature film, television and multiplatform content, today announced the acquisition of various production and post-production services assets, including a film and TV production studio complex comprising eight soundstages, from its parent company, Prime Focus Limited (PFL).
  • View the full release here: https://www.businesswire.com/news/home/20230222005228/en/
    DNEG has acquired from its parent company, Prime Focus Limited (PFL), various production and post-production services assets, including a film and TV production studio complex comprising eight soundstages.
  • (Photo: Business Wire)
    The transaction positions DNEG as an integrated production services provider to its global client base, complementing its worldwide Academy Award® winning visual effects and animation services offerings.
  • Following the completion of the transaction, DNEG offers eight Hollywood-designed soundstages from a studio complex in Film City, Mumbai, and a full suite of film and TV production and post-production services in India, including digital intermediate, camera equipment rental, sound and picture editing, and associated support and technology services.

DNEG Releases Open Source xSTUDIO, Hosted by the Academy Software Foundation

Retrieved on: 
Thursday, January 19, 2023

The open source project for xSTUDIO will be hosted and managed by the Academy Software Foundation as part of Open Review Initiative , an umbrella project working to build a unified open source toolset for playback, review and approval of motion picture and related professional media.

Key Points: 
  • The open source project for xSTUDIO will be hosted and managed by the Academy Software Foundation as part of Open Review Initiative , an umbrella project working to build a unified open source toolset for playback, review and approval of motion picture and related professional media.
  • “DNEG has been a key partner and driver of the Open Review Initiative since its inception in 2021.
  • Their contribution of xSTUDIO, which was designed from the outset as an open source project, will be instrumental as we work to build a unified review and approval ecosystem,” said Erik Strauss, Technical Steering Committee Chair for the Open Review Initiative at Academy Software Foundation.
  • The ASWF is the motion picture industry’s premier organization for advancing open source software development across image creation, visual effects, animation and sound technologies.

DNEG Fortifies Leadership Team in Sydney, Hires Alaric McAusland as Managing Director

Retrieved on: 
Tuesday, December 13, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221213005029/en/
    DNEG hires Alaric McAusland as Managing Director for the studio's recently announced new location in Sydney, Australia.
  • (Photo: Business Wire)
    Throughout his career, McAusland has held significant entertainment industry leadership roles in both Australia and the United States.
  • McAusland has also served as Managing Director of Deluxe Entertainment Service Group Australia and is a past Chair of Ausfilm.
  • I am delighted to welcome Alaric onboard to lead our new DNEG Sydney team, said Merzin Tavaria, President Global Production and Operations, DNEG.