Category Archives: Business

4663 articles found


Magix Buys Vegas Pro, Sound Forge Pro and More from Sony

German software company Magix Software said it is acquiring Vegas Pro, Movie Studio, Sound Forge Pro and Acid Pro from Sony Creative Software. Magix said it will take over customer support for existing owners, with new versions expected to begin arriving … more »

Sim Group logo

James Haggarty Named New CEO of Sim Group

The Toronto-based Sim Group, which includes Sim Digital, Bling, and Chainsaw, has a new CEO. James Haggarty, formerly managing director at private investment management firm Gibraltar & Co., has been named President and CEO of the production and post conglomerate, … more »

Artella logo

Industry Vets Launch Artella Collaborative Animation Platform

The market for cloud-based collaborative animation platforms got a little more crowded this week with the launch of Artella, a new online production pipeline devised by the trio of animators (veterans of Pixar, Paramount and ILM) who founded Animation Mentor in 2005. … more »

Comcast Buys DreamWorks Animation

Comcast to Buy DreamWorks Animation for $3.8 Billion

Comcast has purchased DreamWorks Animation in a deal valued at approximately $3.8 billion. DreamWorks Animation now becomes part of division NBCUniversal's Universal Filmed Entertainment Group. DreamWorks CEO and co-founder Jeffrey Katzenberg will become chairman of DreamWorks New Media — basically online media … more »

Deluxe VR

Deluxe Launches Dedicated VR Unit in LA

Another established industry player is gearing up to produce next-generation content with the official launch of Deluxe VR, a new unit of Deluxe Entertainment Services Group. Based out of Los Angeles, the company is angling to provide prodution and post … more »

The Foundation

Post House The Foundation Opens in Burbank

Technicolor veterans Gareth Cook and Clifton Dugan have opened The Foundation, a new 5,700-square-foot post house in Burbank that's operating in partnership with New York-based Sixteen19 and LA facility Vortechs. Cook is managing partner and senior colorist for The Foundation; Dugan is … more »


Technicolor PostWorks Expands, Adding 50,000 Square Feet in Midtown Manhattan

Technicolor PostWorks is expanding uptown with more than 50,000 square feet of editing space — translating to more than 120 editing rooms — set to open early this summer at 1411 Broadway, just south of Times Square. Officials said the … more »

Stefan Sonnenfeld

Deluxe Names Stefan Sonnenfeld Chief Creative Officer

Stefan Sonnenfeld, the renowned colorist and Company 3 co-founder who originally got into post-production with a summer job delivering dailies for TV's Miami Vice, has been named chief creative officer of Deluxe Entertainment Services Group. Sonnenfed will keep his seat … more »

Adobe Stops Reporting Subscription Figures for Creative Cloud

Citing new and widely varying price-point options for its Creative Cloud service, including a recently launched program targeting the K-12 educational market, Adobe said today it will no longer provide quarterly updates on Creative Cloud subscriber growth. Executives said that, because … more »

Reel FX Names Steve Nix New Head of VR Division

Games industry veteran Steve Nix has joined Reel FX as general manager of Reel FX VR, overseeing development, strategy and technology for the division. Nix was most recently CEO and co-founder of mobile gaming tech developer Yvolver, which was acquired … more »