Meteor Studios Reaches Deal With Former Employees

Posted In | News Categories: Business, Visual Effects | Geographic Region: North America | Site Categories: Business, Visual Effects

Meteor Studios, a Montreal-based effects house that went bankrupt in 2007, has reached an agreement to back pay at least some of the money owed to more than 100 visual effects artists who worked for the company, Variety reports.

The group of 130 artists accepted a deal to receive $544,000, or 70 percent of the amount they say they were owed. Meteor closed soon after JOURNEY TO THE CENTER OF THE EARTH was completed in 2007 and the artists were still missing pay for their work on that project.

Dave Rand, a former Meteor artist, told Daily Variety: “After promising to pay the 130 people that worked without a paycheck for three months to deliver ‘Journey to the Center of the Earth,’ the Discovery Channel and Evergreen Films shafted everyone and their families right before Christmas. Now, two years later, they offer us 70% of that pay. I wonder what the cost to them would have been had we walked off the job instead.”







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