Press Release from Prime Focus
Los Angeles, CA (May 13, 2010) -- Prime Focus, the global visual entertainment services group, today announced a significant capital investment and expansion of its global Stereoscopic 3D (S3D) pipeline.
Finishing touches are underway at the company's new 65,000 square foot world headquarters in Mumbai, which will house seven S3D theaters and over 600 artist seats, along with a complete slate of visual effects, post and production services.
At its Hollywood studio, efforts will be re-focused exclusively on delivering S3D creative services including 2D-to-3D conversions and S3D editorial & visual effects for entertainment clients in film, television, advertising, and mobile content. To support this expansion, Prime Focus is building out 200 new artist seats, and has upgraded much of its pre-existing post infrastructure (DI suites, Telecine Bays, and Theatres) into S3D-enabled spaces supporting both RealD and Dolby stereo projection. In addition, plans are in progress to build a new 45-seat stereo-enabled screening room.
The Hollywood studio has also hired notable stereoscopic supervisor Jeremy Nicolaides, whose credits include "Alice in Wonderland," "Arabia 3D," "G-Force 3D," "Journey to the Center of the Earth 3D," "U2 3D" and more. Additionally, Prime Focus producer Bridgitte Krupke has been appointed Executive Producer, and Chris Del Conte as Senior Producer, both overseeing 2D-to-3D conversion projects.
At Prime Focus London, a 2D-to-3D conversion pipeline has recently been installed, and the company plans to expand into a new space to accommodate an additional 200 visual effects artists.
All of Prime Focus' 16 international locations are connected over its Global Digital Pipeline. At its heart is CLEAR, the company's proprietary Content Lifecycle Management platform that acts as a collaborative digital workspace where media assets can be archived, accessed, managed and ultimately distributed.
"All of these efforts are in response to the growing demand from our clients who are clamoring for high-quality S3D content," said Namit Malhotra, Global CEO and Founder, Prime Focus. "Our global expansion will give us the capacity to support many more projects simultaneously."
About Prime Focus
Prime Focus is a global Visual Entertainment Services group that provides creative and technical services to the film, broadcast, commercials, gaming, internet and media industries.
The group offers a genuine end-to-end solution from pre-production to final delivery - including previsualisation, equipment hire, visual effects, video and audio post-production, digital intermediate, digital asset management and distribution.
Prime Focus employs more than 1,600 people with state-of-the-art facilities throughout key markets of North America, the UK and India. Using its 'worldsourcing' business model, Prime Focus provides a network that combines global cost advantages, resources and talent pool with strong relationships and a deep understanding of the local markets.
Prime Focus is a public stock company with shares traded in the Mumbai and National Stock exchanges in India (Symbol - PRIMEFOCUS). Prime Focus also owns and operates Prime Focus London plc (Symbol - PFO), which is publicly traded in the LSE's AIM market. For more information, please visit www.primefocusworld.com.