Forced fixed bids and no profit sharing is not a sustainable model for the VFX industry. Either the VFX houses should have a chance at a cut of the film with fixed bids or the big studios should pay rates where they end up shouldering their own overages, not the VFX houses. Cultivating competition is a great thing, but one small, powerful group holding the VFX industry hostage for the lowest bid is not how we do business anywhere else in modern American business. These are the abuses that led other industries, and even most other fields in the film industry, to unionize.
How does a VFX company lose money on a film that is likely to be a hit? Here’s a short explanation on the broken VFX model and how it caused one company to get hit hard while producing the Visual Effects for the upcoming movie, “Noah”. My guess is that those waves were not practical effects on set.
A good friend and fellow NYC motion graphics artist, Josh Kapusinski put together this stunning look at Coney Island in winter and summer, then and now. Really beautiful and worth the watch. Go check it out!
If you have a half hour to spare this weekend, check out this mini doc on the fall of the Oscar-winning studio, Rhythm & Hues. This will give you some background on the current state of the VFX industry and the reason VFX artists staged protests last year during and after the Oscars.
We really wouldn’t have awesome modern films if it wasn’t for VFX Artists. Help show them some support and share this video with a friend.