Latest Vfx news and Updates
The current shutdown has sent shockwaves through the VFX community, with many expressing sadness over the loss of a key player in visual storytelling. This sudden collapse leaves high-profile films like Disney’s “Lilo & Stitch” and Paramount’s “Mission: Impossible — The Final Reckoning” in limbo, as their visual effects were being handled by Technicolor’s MPC…
Los Angeles, February 11, 2025 – The Visual Effects Society (VES) celebrated the best in visual effects artistry and innovation at the 23rd Annual VES Awards, held at The Beverly Hilton. The prestigious event honored achievements across film, television, animation, commercials, and special venues, with winners recognized in 25 categories. Kingdom of the Planet of…
Blender, the widely-used open-source 3D software, is grappling with financial challenges despite its extensive user base and acclaim in the creative industry. The organization is calling for increased donations to sustain its development and compete with industry heavyweights like Maya and 3ds Max. Key Highlights 📉 Low Contribution Rates: Blender’s funding model relies primarily on…
The Academy of Motion Picture Arts and Sciences has announced the nominees for the 97th Academy Awards, and the Best Visual Effects category is packed with extraordinary contenders. The nominees for Best Visual Effects are: The 97th Oscars will take place on Sunday, March 2, 2025, at the iconic Dolby® Theatre at Ovation Hollywood. The…
Adobe has launched Substance 3D Modeler 1.18, introducing a series of bug fixes and workflow improvements for users. The update focuses on enhancing export options and refining functionality when working with 3D primitives. Key Updates in Substance 3D Modeler 1.18 Primitive to Clay Conversion Export Improvements Pricing and Compatibility Substance 3D Modeler remains compatible with…
In a move set to reshape the stock asset market, Getty Images and Shutterstock, the world’s two largest stock photo companies, have announced their plans to merge in a deal valued at $3.7 billion. If approved by regulators, the merger will result in Getty Images Holdings, with Getty’s shareholders owning approximately 54.7% and Shutterstock’s shareholders…
MUMBAI: A new company had been incorporated in India, and not just any company—it’s one that promises to reshape the creative industries. Named the Indian Institute of Creative Technologies (IICT), it officially came into existence on 25 December 2024. The IICT has been established as a Section 8 company under the Companies Act, which means…
The British Academy of Film and Television Arts ( BAFTA ) has revealed its longlist for the Special Visual Effects category, spotlighting the year’s most innovative and breathtaking cinematic achievements. These films exemplify the cutting-edge artistry that continues to redefine storytelling through visual effects. Visual Effects Beetlejuice, BeetlejuiceAlien: RomulusFuriosa: A Mad Max SagaGladiator IIKingdom of…
The 2025 Oscar VFX Bake-Off is a key event in the journey to the Academy Award for Best Visual Effects. It’s part of the process where the Academy of Motion Picture Arts and Sciences (AMPAS) selects the final nominees for the award. Here’s how it works and why it’s significant: What Happens at the VFX…
Starting January 1, 2025, VFX expenditure under the AVEC will benefit from a substantial uplift in tax rebates, increasing from 25.5% to 29.25% net after tax. This rebate is exempt from the overall 80% cap on the total budget eligible for UK tax relief. This enhancement allows productions to claim: All VFX activity must be…
