Australian visual effects company Fuel VFX looks set to be sold, just weeks after being placed into voluntary administration less than a fortnight ago. The visual effects house secured cornerstone work in Ridley Scott’s Prometheus, The Avengers, Mission Impossible and Iron Man 2 but was hit with a cash crisis stemming from a …
Not such a bad thing
Maybe we can have fewer effects and more story. I might start watching films again if that happens.
Not shocked in the slightest
The Australian movie industry has all but died, what with the dollar being at parity with the US for so long.
The local Australian industry is one big circle jerk, only ever making movies about the emptiness of suburban life, and how hard it is being middle class.
So yes, now the foreign work has left, it's really just putting extra bullets into the twitching corpse.
"just weeks after being placed into voluntary administration less than a fortnight ago." Really? How?
Post-production/VFX people are arguably the longest-hardest working (and least credited) people in the movie industry. It is not their fault that the eye candy they can produce is used as a substitute for a decent story.
(Creating a single VFX shot in -say- Avengers requires orders of magnitude more skill and work than -say- all the work and skill expended to all Transformers scripts)
So it is a shame such a team has to be disbanded. Though I am pretty sure none of the artists involved will remain jobless for long.