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Hollywood North: Netflix plans to acquire Scanline VFX

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Scanline VFX, a global company with offices in Vancouver and Montreal, was acquired by Netflix.

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what Cowboy Bebop s western space action, biting vampires Blood red sky and the explosion of the underground reactor of Stranger things 3 all have in common? The scenes were all produced by the world visual effects powerhouse Scanline VFX .

Now Netflix has announced plans to acquire the studio.

Founded in 1989 by Stephan Trojansky, whose fluid rendering system called Flowline won an Academy Award in 2008, Scanline VFX has offices in Vancouver, Montreal, Los Angeles, London, Munich, Stuttgart and Seoul. Among many other productions, the company’s work can be seen in upcoming films such as the Apocalyptic Comedy Do not seek and Ryan Reynolds’ New Time-Traveling Daddy Movie Shot Locally The Adam project , as good as Stranger Things 4 .

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Netflix’s official statement on the acquisitions is that it intends to invest in Scanlines’ infrastructure, workforce and pipeline capacity for the company’s Eyeline Studios to push the boundaries of virtual production. Completion of the transaction is subject to regulatory approvals and associated closing conditions. The deal is expected to be concluded in the first quarter of 2022.

With the rumor that the visual effects industry faces a potential shortage of qualified employees at a time of increasing demand, Netflix is ​​likely to ensure that it has some sort of internal capacity to continue to. to create. The company notes that it will also continue to rely on production from other studios. Scanline VFX will also continue to operate as a stand-alone company.

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