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Industry Shockwaves: Technicolor's Fall & The Battle for Tax Incentives
Manage episode 468457426 series 2992006
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Joey and Addy tackle the breaking news of Technicolor's potential collapse and what it means for the 15,000 employees worldwide at iconic VFX houses like The Mill and MPC. They analyze how the future of VFX might shift toward smaller, specialized teams and discuss DNEG's strategic acquisition of Metaphysic AI. The conversation shifts to the escalating tax incentive battles keeping productions away from L.A., with the U.K. raising its relief to 40% and Netflix investing $1B in Mexico. Plus, they examine several AI products recently laid to rest, including the Humane Ai Pin and Skyglass's virtual production app. A sobering but essential episode on the rapidly evolving state of the film and tech industries.
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