Joining Picture Shop, Ghost VFX, Formosa Group, and Picture Head, the newly acquired VFX studio expands the post company’s stable of top creative service providers.
Ingenuity Studios has been acquired by Streamland Media, joining the post-production company’s other service brands, including Picture Shop, Ghost VFX, Formosa Group, and Picture Head. The newly added full-service visual effects studio serves feature film, episodic television, music video, and advertising clients, producing content for all forms of delivery.
Founded in 2004, Ingenuity Studios started out providing VFX for music videos, attracting artists and directors collaborating with talent including Katy Perry, Taylor Swift, Imagine Dragons, Lady Gaga, Billie Eilish, BTS, and Shawn Mendes. Leveraging skills acquired in its short-form production, the studio later shifted into offerings for film and episodic. Feature film credits include Many Saints of Newark, A Star is Born, Get Out, and Booksmart, and series such as the Emmy-nominated Hacks, The Walking Dead, Cowboy Bebop, Euphoria, and Paper Girls.
“There is no limit to what we can do together,” said Streamland Media CEO Bill Romeo. “Streamland Media and Ingenuity Studios are aligned in our creative-driven philosophy and dedication to our extraordinary teams. We are all committed to facilitating powerful, creative, and connected collaboration to advance the vision of storytellers.”
Ingenuity Studios founding partner David Lebensfeld noted, “From the beginning, we have been committed to building a studio that serves our clients at the highest level possible, and we are able to do that with a team of incredible artists and technologists. The team at Streamland Media shares our passion for storytelling while creating a service level second to none, and we look forward to being part of a community that supports our vision and provides our clients an innovative global network of talent and technology.”
Headquartered in Los Angeles, Ingenuity Studios has New York, Vancouver, and Atlanta offices.
Supporting the deal were Trive Capital and Five Crowns Capita.
Regarding the strategic acquisition, Trive’s partner David Stinnett said, “Streamland and Trive are strategically acquiring industry-leading businesses centered around unparalleled creative talent and integrating into a single, global platform to continuously enhance the value proposition we offer our customers. Further, as VFX services are becoming increasingly important to post-production, we look forward to leveraging Ingenuity’s stellar reputation as we continue providing state-of-the-art VFX work in support of new and existing customers’ high-quality content offerings.”
Source: Streamland Media