But even in this rapid growth of the VFX industry, the business practice used doesn’t evolved a bit to match with this evolving modern world.
In recent months, there has been issues regarding the frayed business models, insecure vision of the future, and the financial instability. These matters became a worldwide dialogues when a protest at the Oscars by a group of 450 VFX artist protesting outside the Oscars.
Following this issues, an ex-Industrial Light and Magic FX legend, Scott Squires has supervised effects on the likes of Transformers: Dark Of The Moon and The Phantom Menace, spoke about this when asked about the Rhythm and Hues, a VFX company that just goes bankrupt
“Rhythm & Hues was one of the biggest FX companies. They'd been in business for 25 years in Los Angeles. So here they are, doing great work and winning Oscars, and yet they ran out of money!”
This report is focus solely on issues relevant to the VFX industry and information collected on number of sources. Keeping the viewpoint without any bias, this report takes an agnostic and academic approach to the issues presented, to be as comprehensive as possible in analyzing the issues thus presenting it on global scale in wide spectrum.
2 THE ISSUES
Based on the data collected fro...
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... 2: Can the VFX Business Be Saved? http://magazine.creativecow.net/article/vfx-crossroads Debra Kaufman
• . Picard Kentz & Rowe. 2013-07-02 Feasability Study final.pdf [sic]. vfxsoldier.wordpress.com. [Online] http://tinyurl.com/VFXSubsidiesStudy.
• Visual Effects & Animation Series: The Imbalance of Art vs. Commerce http://www.shootonline.com/go/news-view.rs-web3-1499349-1366314610-2.Visual-Effects – Animation--Art-vs--Commerce.html
• IATSE. Issues for VFX. IATSE International. [Online] http://vfx.iatse-intl.org/issues-for-fvx/ [sic].
• Squires, Scott. Visual Effects Working Conditions Survey. Effects Corner. [Online] May 20, 2013. http://effectscorner.blogspot.com/2013/05/visual-effects-working-conditions-survey.html.
• John Parenteau – The VFX Quandary http://www.johnparenteau.com/wordpress/?p=234
• VFX Watchers facility reviews http://thevfxwatchers.com/
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