Netflix to acquire Scanline VFX – The Hindu BusinessLine

Netflix has announced plans to acquire German visual effects studio Scaline VFX for an undisclosed amount.

Netflix expects the transaction to close by the first quarter of 2022.

“We are delighted to announce today our intention to acquire Scanline VFX, one of the most creative and innovative visual effects studios in the world,” Netflix said in an official statement.

Founded in 1989, Scaline is currently led by VFX supervisor Stephan Trojansky, whose proprietary Flowline fluid rendering system won an Academy Award for Technical Achievement in 2008. The company has offices in Vancouver, Montreal, Los Angeles, London, Munich , Stuttgart and Seoul. .

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The company has worked on a host of popular projects, including upcoming Netflix titles such as Don’t Look Up, The Gray Man, Slumberland, The Adam Project, and Stranger Things 4.

In addition to working with Netflix, Scanline has also worked on popular titles such as Game of Thrones, Godzilla vs Kong, and Zack Snyder’s Justice League.

Going forward, the company will continue to operate as a stand-alone business and work with its variety of clients.

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“Netflix will invest in Scanline’s pipeline, infrastructure and workforce and continue to support the pioneering work Scanline’s Eyeline Studios is doing in virtual production to push the boundaries of what is visibly possible,” a- he declared.

“We will also continue to rely on many other studios around the world for our visual effects needs so that we can continue to ensure that our creators have access to the world’s most innovative technology and continue to bring the most compelling storytelling and storytelling. the most avant-garde to our members, ”he added.

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