Greetings From DAX HQ!
In This Week's News:
- Latest Studio News
- Summer Superhero Box Office By Numbers
- Latest Opportunities on DAX|JobBoard
Welcome back to another edition of The DAX Digest. Filled with bitesize insights, industry news and the hottest jobs on the DAX|JobBoard
In VFX News, UK VFX house One of Us has announced the opening of a brand new studio in Bangalore. Haling the move as a major step forward in their evolution as a global company, the Bangalore Studio will be a fully integrated extension of their team, not just in name but in creative ethos and ambition. Check out the full press release here: https://lnkd.in/e2Chc2zP
Another studio taking the step into India is Barnstorm VFX with their new studio opening with local partners in Hyderabad. The Burbank based outfit has been expanding globally recently with opportunities opening up in London as well as North America. Here's the press release from vfxexpress : https://lnkd.in/g2tnTs6A
The end of July also saw the Phantom VFX acquisition of Milk and Lola Post. The latest in a number of partnerships between studios as we continue to see the VFX landscape shift in the post COVID and Strikes era. The emergence of studio groups with multi-disciplinary delivery punch seems to be becoming the new norm with the likes of The Cinesite Group, Dream Machine and PITCH BLACK delivering world class global projects.
Sadly we also saw a reduction in the Ingenuity / Ghost footprint in the UK, with teams being let go in early August. It's been difficult to verify the full extent of job losses or any studio closures with no official word from Streamland Media, but DAX is aware of at least 25 Artists being released at short notice.
Summer Superhero Box Office
No BIG surprises in the race for Summer Box Office dominance, with 2 big hitters going head to head.
- Superman - Global Gross to Date tracking at $579million against a Production budget including marketing estimated to be between $325 million and $600 million.
- The Fantastic Four: First Steps - Global Gross tracking at $435 million to date with a strong debut at $216 million but a steep second week drop off. With a Production budget north of $200 million before marketing, it will need to exceed $500 million to break even.
- With $700 million seen as a benchmark for clear success in this genre, DC and Marvel will be hoping for a final push on these numbers before the summer's out.
Latest Opportunities On the DAX|JobBoard
It's been another busy week at DAX HQ with a number of exciting new roles with new and existing employers.
Studios including Barnstorm VFX , 22DOGS , Scanline VFX , Scopely are all actively hiring along with One of Us , Netflix and new comer INDG | Grip to name a few.
Be sure to check out the DAX|JobBoard and sign up for daily or weekly email updates of the latest opportunities direct to your inbox
