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Sony ImageWorks Invests in Overseas Studio |
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Tuesday, 20 February 2007 |
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Sony Imageworks has announced that it purchased a 50.1 percent stake in Indian effects company FrameFlow. The studio will work with SPI's main Culver City production facility.
Imageworks will invest in infrastructure, technology, and training in the company. They will also help the studio relocate into a larger office in Chennai India that will seat more than 300. Jenny Fulle, EVP, of production for Imageworks believes that this will equate to $20 million in revenue in three to five years.
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