Author Topic: "Titanic" effects creator Digital Domain bankrupt, sells main unit  (Read 1727 times)

Offline A4size

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Offline Andrew March

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Re: "Titanic" effects creator Digital Domain bankrupt, sells main unit
« Reply #1 on: September 11, 2012, 03:12:49 PM »
Been going on for a while, I have a number of friends who moved to the facility in Florida, only to be told they had no job. The only thing the company did to help them was give them boxes to help move back!

Interesting also to see how much the directors have been paying themselves!

Offline masonspappy

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Re: "Titanic" effects creator Digital Domain bankrupt, sells main unit
« Reply #2 on: September 11, 2012, 07:55:58 PM »
Interesting that Textor has disappeared and his cell phone of record doesn't seem to be accepting calls. There have been some major red flags around John Textor and Digital Domain but   I don't think we should look at DD as an example of what will happen to other FX companies.

Offline Andrew March

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Re: "Titanic" effects creator Digital Domain bankrupt, sells main unit
« Reply #3 on: September 12, 2012, 06:18:03 AM »
Textor wasn't the one behind this though, infact he resigned after he found out about the decision to close the facility.

http://www.tcpalm.com/news/2012/sep/07/john-textors-letter-resignation-digital-domain-med/

Offline rcallicotte

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Re: "Titanic" effects creator Digital Domain bankrupt, sells main unit
« Reply #4 on: September 12, 2012, 04:12:56 PM »
Textor's cruel and self-centered business decisions led to this.

For example - http://forums.newtek.com/showthread.php?130330-Digital-Domain-s-stock-falls-75-in-4-months
So this is Disney World.  Can we live here?

Offline rcallicotte

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So this is Disney World.  Can we live here?