TheWrap.com - Entertainment Industry Analysis, Breaking Hollywood News: Visual Effects Company Behind 'Titanic' Sold, CEO Steps Down

TheWrap.com - Entertainment Industry Analysis, Breaking Hollywood News

Visual Effects Company Behind 'Titanic' Sold, CEO Steps Down Jul 27th 2013, 20:13, by Brent Lang Digital Domain 3.0 has a new owner for the second time in less than a year.  The Oscar-winning visual effects shop behind such films as "Titanic" and "The Curious Case of Benjamin Button" has been purchased by Hong Kong-based Sun Innovation as part of the technology company's  $50.5 million deal to acquire Digital Domain's parent company Galloping Horse. Related Articles:  Digital Domain CEO: We Can Still Save the Visual-Effects Industry Salvation for VFX?: U.S. Could Tax Foreign Film Subsidies, Study Finds Visual Effects Shop for Daniel Radcliffe's 'Horns' Hasn't Paid Workers in Weeks (Exclusive) read more

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