Digital Domain's new Florida digital production studio is planning to carve out niches in videogames, animation and even military simulation graphics.
The Port St. Lucie studio will bear the Digital Domain name and, for now, movie f/x will be done primarily at the Los Angeles and Vancouver outposts.
In addition to $50 million in new investment from DD parent company Wyndcrest Holdings, the studio is getting a $10 million cash grant from local developers, administered by the city of Port St. Lucie; a 15-acre land grant from a local developer, valued at $10 million; and a $20 million grant from the state of Florida's Office of Tourism, Trade and Economic Development.
Move follows DD's recent announcement that it will expand to Vancouver (Daily Variety, Oct. 6).
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