The DAX DIGEST - Feb '26

Published on 01/02/2026

Welcome to the DAX | Digital Arts Xchange Digest

Week of February 1, 2026

2026 continues its strong start with exciting developments across VFX, Games, Animation, and Immersive sectors. The DAX JobBoard has seen a 20% increase in open roles, signalling a more positive industry outlook with VFX and Animation studios in particular forecasting steady growth through Q2 and Q3.

VFX Industry News

VES and OSCAR Nominations Announced.

Awards season is here and jury panels have nominated their runners for this year's prizes. Huge congratulations to ALL of the VFX Crews on their nominations!

Check out the full list of nominations below…

VES Awards 2026:

Outstanding Visual Effects in a Photoreal Feature

  • Avatar: Fire and Ash
  • F1: The Movie
  • Jurassic World Rebirth
  • The Lost Bus
  • How to Train Your Dragon

Outstanding Supporting Visual Effects in a Photoreal Feature

  • Dongji Rescue
  • A House of Dynamite
  • Warfare
  • Sinners
  • After the Hunt

The VES Awards ceremony takes place February 25, 2026 in Beverly Hills. Check out the VES Website for more details: https://vesglobal.org/

2026 OSCARS — Best Visual Effects Nominations

The 98th Academy Awards announced the nominees for Best Visual Effects — the shortlist narrowed from finalists earlier in the season. Films nominated in this category include:

  • Avatar: Fire and Ash
  • F1: The Movie
  • Jurassic World Rebirth
  • Sinners 
  • The Lost Bus

The 98th Academy Awards ceremony will take place on Sunday, March 15, 2026 at the Dolby Theatre in Hollywood: https://www.oscars.org/

Games Industry

Next-Gen Development Accelerates

Major studios are ramping up production for next-generation platforms, with significant hiring increases reported across technical art, real-time VFX, and procedural content generation roles. Unreal Engine 5 adoption continues to drive demand for specialists in Nanite, Lumen, and MetaHuman technologies.

AI Integration in Game Development

Leading publishers are investing heavily in AI-assisted workflows for asset creation, procedural generation, and player behaviour modelling. Industry reports indicate a 40% increase in job postings seeking candidates with machine learning and procedural content experience.

Animation Sector

Streaming Demand Drives Production

Major streaming platforms continue to expand their animated content libraries, with Netflix, Disney+, and Amazon Prime Video all announcing significant slate expansions. This surge is creating unprecedented demand for character animators, rigging artists, and pipeline technical directors.

International Co-Production Growth

Cross-border animation collaborations are increasing, particularly between North American and European studios. This trend is opening new opportunities for artists skilled in remote collaboration tools and international production pipelines.

Immersive & XR Technologies

Virtual Production Expansion

LED volume stages are now being deployed globally, with new facilities announced in London, Sydney, and Vancouver. The success of Avatar: Fire and Ash's virtual production techniques is accelerating adoption across both film and episodic television productions.

Spatial Computing Platforms

Apple Vision Pro and Meta Quest 3 are driving enterprise and entertainment XR content development. Studios report 60% year-over-year growth in immersive content projects, with particular strength in location-based entertainment and training simulations.

Cross-Industry Trends

Media Consolidation Continues

The Warner Bros. Discovery takeover saga exemplifies ongoing industry consolidation..

The Warner Bros. Discovery takeover battle is heating up:

Paramount Skydance has launched a hostile proxy fight and lawsuit to override Warner’s board and block the Netflix deal.

WBD’s directors have repeatedly rejected Paramount’s $108B bid, staying committed to the Netflix agreement.

• Paramount/Skydance hostile bid: $108 billion with the Ellisons still lobbying WB shareholders.

Netflix has amended its offer for Warner Bros. Discovery (WBD) to an all- cash bid at $27.75 per share for the studio and streaming assets and unanimously remains the the favoured route for the Warner Bros. Board. 

• Larry Ellison's personal guarantee: $40.4 billion in equity financing

This consolidation activity is reshaping content creation and ownership globally and will inevitably impact project slates and workflows as the final nature of the takeover deal becomes clear.

Regulatory approval processes are expected to extend 12-18 months, with significant implications for studio pipelines and hiring patterns.

For more details, see: Warner Bros. Discovery Press Release

Job Market Outlook

The 20% increase in open roles on the DAX JobBoard reflects strengthening demand across all creative tech sectors. Key growth areas include real-time rendering, AI/ML integration, virtual production, and cross-platform content development.


Be sure to visit DAX | JobBoard for the latest VFX, Animation, Games and Immersive Jobs, Industry News and Insights.