We have talked recently about how well the UK is doing in VFX so it's nice to see some noise happening in the US also. Digital Domain saw its revenue from visual effects climb to $101.9 million last year - up 70% from 2009, according to its filing. Whilst DD have already had one attempt at going public in 2007, they seem convinced that now is possibly the right time.
They are looking to raise $115 million in an initial public offering which would see investment in a feature animation division in Port St. Lucie! So fingers crossed for DD, hope all your plans come to fruition this summer.
DD are very well known for their amazing work on the likes of Thor, The Curious Case of Benjamin Button and Transformers.
The report came from the LA Times.