Netflix to acquire German visual effects studio behind ‘Stranger Things’ and more – TechCrunch

Netflix is ​​based in Munich Visual Effects Studio Scanline VFX Unpublished amount. The company expects the transaction to close in the first quarter of 2022, subject to regulatory approvals and closing conditions. Scanline has produced several Netflix originals, including “Stranger Things” and “Cowboy Bebop.” The studio also offers special effects for many Marvel and DC titles.

Founded in 1989, Scanline has offices in Vancouver, Montreal, Los Angeles, London, Munich, Stuttgart and Seoul. For Netflix, Scanline has been working on Stranger Things 4, Blood Red Sky, Slumberland, Gray Man, Adam Project, and Don’t Look Up. rice field. Other than Netflix, the studio is special to “Game of Thrones,” “Black Widow,” “Black Panther,” “Captain Marvel,” “Iron Man 3,” “Captain America: The Winter Soldier,” and “Saxniders.” It provides the effect. “Justice League”, “The Joker”, etc.

For upcoming projects, Scanline is working on “Batman,” “Flash,” “Aquaman and the Lost Kingdom,” “Black Adam,” and “Moonfall.” According to Netflix, Scanline will continue to operate as a standalone business and continue to work with its current clients.

Amy Reinhard, Vice President of Studio Operations at Netflix, says Scanline is known for its complex, photorealistic effects and virtual production Blog postReinhardt invested in Netflix’s pipeline, infrastructure, and workforce to “continue to support the work that Scanline’s Eyeline Studio is doing in virtual production, limiting the visible potential. Push up. “

“We also continue to rely on many other studios around the world for VFX needs, which gives creators access to the world’s most innovative technologies and the most engaging and cutting-edge storytelling. We can continue to provide our members, “said Reinhardt.

Netflix’s acquisition of Scanline is in the midst of a streaming giant pushing for in-house production. In 2018, Netflix acquired Albuquerque Studios, last year Invest $ 1 billion Production costs to include an additional 300 acres to expand the studio and make it home to one of the largest studios. The proposed expansion and $ 150 million in capital investment will add 10 new stages, post-production services, factories, backlot and training facilities, wardrobe suites, commissionaries and more.

The latest acquisition of the streaming giant comes like recently Buy the first game studio and Night school studio, private amount in September. Independent game developers, known for story-driven titles like “Oxenfree,” were founded in 2014 by former Disney Interactive senior game designer Sean Krankel and Telltale Games lead writer Adam Hines. ..

Netflix to acquire German visual effects studio behind ‘Stranger Things’ and more – TechCrunch Source link Netflix to acquire German visual effects studio behind ‘Stranger Things’ and more – TechCrunch

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