Eyeline: Netflix Is Merging Two VFX Units into a Single Entity

Netflix is consolidating its VFX holdings, merging the internal Eyeline Studios unit it created in 2019 with Scanline, the visual effects house it acquired in 2021 into a new entity called Eyeline. “Merging Scanline VFX and Eyeline Studios under one brand enables us to pioneer new tools, facilitate creative collaboration, and drive the future of filmmaking for the most ambitious storytellers around the world,” Eyeline CEO Jeffrey Shapiro said of the realignment. Eyeline’s initial plans include a focus on areas such as visual effects, virtual production, volumetric capture, generative AI, machine learning and computer vision. Continue reading Eyeline: Netflix Is Merging Two VFX Units into a Single Entity

Netflix Increases Its Production Spending, Acquires VFX Firm

With the success of “Red Notice” — the heist caper starring Ryan Reynolds, Gal Godot and Dwayne Johnson described as Netflix’s first stab at a film franchise — the streaming service has turned a corner, quelling resistance to making the first-run theatrical window an afterthought for direct-to-TV and Netflix’s 214 million subscriber households worldwide. Netflix has said it would spend $17 billion on original content in 2021, making it a talent magnet and major spender in Hollywood. The company plans to produce even more originals in 2022 and have them spread more evenly throughout the year (since the pipeline presumably won’t be interrupted with COVID-19 shutdowns). Continue reading Netflix Increases Its Production Spending, Acquires VFX Firm