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    Outpost VFX opens Montreal studio

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    Outpost VFX Montreal
    MONTREAL --

    Outpost VFX, headquartered in Bournemouth, U.K., has extended its reach, launching its first international studio in Montréal, Canada, built to service clients in the film, high-end TV and creative sectors.

    “With its generous film tax relief system, supportive government and incredible visual effects talent base, Montréal leapt out at us as the most exciting location for our first overseas studio,” explained Duncan Williams, founder and CEO of Outpost VFX. After more than 12 months of careful planning it’s fantastic to finally realise our goal of opening a facility in Canada.”

    In addition, the Outpost team will be better positioned to service clients across multiple time zones and intends to use this opportunity to open avenues for talent sharing between the U.K. and Canada.

    Alongside the expansion into Canada, experienced VFX producer Becca Scott has joined Outpost as head of production for North America and is heading up the new studio in Montréal.

    Joining Scott in Montréal is VFX supervisor James Rustad. A seasoned creative lead with extensive experience at the highest levels of creature work, Rustad was most recently at Double Negative. Some of his most well-known supervisory roles were on Wonder Woman and The Revenant, and he helped bring many iconic creatures to life for the Harry Potter series as an artist.

    “With the wealth of exciting talent in Montréal we will be able to develop our ambitions even further, strengthening the great work already being done at Outpost in the U.K.,” said Gez Hixson, global head of production.

    Outpost will be operating from a 6,000 square-foot facility in Montreal. Its U.K. studio has expanded to a capacity of 150 employees occupying a state of the art, 10,000 square foot facility.

    Tags:Duncan WilliamsGez HixsonJames RustadOutpost VFX



    DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit

    Friday, November 22, 2024
    Dish Network satellite dishes are shown at an apartment complex in Palo Alto, Calif., Feb. 23, 2011. (AP Photo/Paul Sakuma, File)

    DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.

    The deal was reliant on Dish bond holders agreeing to trade in the debt they held for debt in the new company, a swap that would have cost them about $1.6 billion, collectively.

    The retreat by DirecTV this week may end a years-long effort by the company to acquire both Dish and Sling after it announced the bid in September.

    DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt. The deal was contingent on several factors, including regulatory approvals and bondholders writing off debt related to Dish.

    "While we believed a combination of DirecTV and Dish would have benefited all stakeholders, we have terminated the transaction because the proposed exchange terms were necessary to protect DirecTV's balance sheet and our operational flexibility," DirecTV CEO Bill Morrow said in a statement.

    The prospect of a DirecTV-Dish combo has long been rumored, and reported talks resurfaced over the years. And the two almost merged more than two decades ago — but the Federal Communications Commission blocked the deal valued at the time at $18.5 billion deal, citing antitrust concerns.

    The pay-for-TV market has shifted significantly since. As more and more consumers tune into online streaming platforms, demand for more traditional satellite entertainment continues to shrink.

    DirecTV says that it will continue to invest in next-generation streaming platforms and offer new packaging options while integrating content from live TV alongside direct-to-consumer... Read More

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