LA Times reporter Richard Verrier has an article out on Digital Domain Institute:
“Find me another visual effects company that is as committed to growing jobs in North America as Digital Domain,” Textor said. “If this is taking advantage of kids, I wish somebody would have taken advantage of me when I was in school…. For $28,000 a year, you get an FSU degree and get to work at one of the leading visual effects companies in the world.”
Motionographer also has a post on the issue:
Now I know that you are shocked, absolutely shocked! by these sort of goings-on in the movie business. But the horse has left the barn. The cat is out of the bag. The fat lady sang. No amount of collective smacking our heads, moaning and groaning and rage as we sit in front of our computer screens will stop this from happening now.
Rebecca David of Canadian Animation Resources has a very good article that I encourage you to read:
Something needs to be done. When I say ‘something’ I do not mean ‘sit around on Twitter and bitch about it’. I mean writing emails to anyone in any position of power so they know we don’t like it. I mean contacting anyone who might matter, so that any person functioning under the impression that this is a good thing gets their minds changed. I mean telling everyone about it, so that we are immunized against this kind of thinking.
Digital Domain founder and fomer ILM General Manager recently posted this comment on my blog:
Textor is so worried about losing jobs to China that he (DD) is opening a studio in Beijing… and Abu Dhabi.
DDMG’s 10k was just published….
John Textor received in 2011 base comp of $791,372, bonus comp of $407,000, awarded stock options of $8,351,210 and other comp of $6,525,461 or a total comp of $16,075,044.
DDMG had revenues in 2011 of $95,611,000… and an operating loss of ($75,109,000)…
I don’t have much to add except a few comments about Mr. Textor’s statement that he is the only VFX company growing jobs in North America. That’s categorically incorrect. Sony, Rhythm & Hues, Zoic Studios, Image Engine, and many other companies have opened shop in Vancouver where there has been a huge growth in VFX jobs.
This wasn’t because of some compassionate idea of creating jobs in North America, it was because the major film studios based in California have required the work be done there so they can obtain a huge government subsidy. I and some international trade law experts point out that this is a violation of WTO rules on subsidies.
I’ve always said on my blog that I don’t ask people to trust me, I ask them to verify what I am writing. I try my best to back info up with facts. The same should be said for anyone in this industry. As I pointed out in my last post and as Scott Ross done above, the argument that a company is trying to create jobs here to prevent it from going to places like China and India is a bit dubious since Mr. Textor fully intends to build facilities in India, and China even with subsidies and tuition in Florida.
Don’t trust. Verify.