5/26/2023 0 Comments Tembo 2.0.3 download freeHowever, they may see an opportunity with current conditions. I guess a $30 million dollar write down on Digital Domain would be considered an improvement. Last quarter they lost $40 million dollars. Also Reliance Mediaworks, while owned by an Indian billionaire, has already been losing a huge amount of money. Much of the talent will simply quit and move on during the middle of the projects that may not be able to finish. ![]() ![]() Regardless of how you feel about the issue the matter comes down to simple leverage and I’m a bit surprised that DD’s new owners at Galloping Horse and Reliance Mediaworks are trying to make this risky move. Some feel the timing is a bit suspect given that management announced this before the holidays and have given a deadline for everyone to agree to these new terms shortly after.Īn ad hoc group of DD employees have banded together to start a site called VFX United. ![]() From what I’ve been told there was a recent meeting about the announcement that was met with a heavy amount of criticism. I was a little late to the news but Digital Domain recently announced company wide pay cuts for employees.
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