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Tagged With: Weta Animated

Biggest Breakup of the Year Headline News

Unity Terminates Working Agreement with Wētā FX, Lays off 265 Workers

2 years after purchasing the VFX company’s tools, pipeline, technology and engineering talent pool, the company moves to refocus on video game development, with a goal to become a major player in the professional M&E market; it will also shutter 14 offices.

Business Headline News

Wētā FX Opens Vancouver Studio

Company’s first dedicated VFX studio outside New Zealand kicks off with 75 artists, with more hires planned later this year; currently it has 12 unannounced projects in the pipeline, having recently completed work on ‘The Batman,’ Marvel’s ‘Moon Knight,’ and ‘Dr. Strange in the Multiverse of Madness.’

Business Headline News

It’s Done: Unity Completes Weta Digital Acquisition

The real-time content development platform finalizes its US$1.625 billion purchase of the legendary VFX studio’s digital tools, pipeline and engineering talent; VFX teams now operating as standalone WetaFX under CEO Prem Akkaraju and majority owner Sir Peter Jackson. 

Business Headline News

Unity to Acquire Weta Digital's Tools and Technology

By Dan Sarto | Tuesday, November 9, 2021 at 2:49pm

Deal calls for purchase of leading VFX studio’s proprietary software systems, pipeline, and engineering talent; Oscar-winning VFX team will become WetaFX, remaining under Peter Jackson’s majority ownership and helmed by CEO Prem Akkaraju.

Technology Headline News

Weta Goes All-in on AWS for Animation and VFX in the Cloud

By Dan Sarto | Wednesday, September 2, 2020 at 11:26am

Pioneering visual effects company, known for ‘Avatar’ and ‘The Lord of the Rings,’ has chosen Amazon Web Services to create a new, cloud-based visual effects workflow.

Jobs Headline News

CAA Hit with New Round of Layoffs and Furloughs

By Dan Sarto | Tuesday, July 28, 2020 at 2:15pm

While animation production seems to be thriving, one of Hollywood’s premier agencies announces a significant staff reduction, another sign of COVID’s continued impact on many areas of the entertainment business.

People Headline News

Weta Digital Launches Weta Animated Original Content Business

By Dan Sarto | Thursday, June 18, 2020 at 2:55pm

Fulfilling Peter Jackson and Fran Walsh’s long-time dream, leading VFX studio will for the first begin producing original animated feature and episodic content.