Venice, Calif. - Following the recent announcement of its new visual effects studio in
Vancouver, BC, Academy Award-winning digital studio Digital Domain is expanding its business with plans to develop
a digital production studio in Florida.
Digital Domain is working with parent company Wyndcrest Holdings to build a new digital production studio in Port St. Lucie, Florida. The new studio will create original content for animated feature films and video games.
Plans are in the early stages, and Digital Domain expects to begin operations in Florida next year. Initial operations include building a creative development team as well as training and recruiting artist and production staff for animation and video game development.
The new studio project is being financed with a $50 million investment by Wyndcrest. The project is also receiving support in the form of a grant from the state of Florida’s Office of Tourism, Trade, and Economic Development and an incentives package administered by the city of Port St. Lucie and St. Lucie County.
Digital Domain CEO Cliff Plumer says, “Developing original content has always been a key part of our strategy, and a natural extension of the artistic and creative talent that the company has developed over the last 15 years. We have identified a set of promising projects that are ideally suited to the Florida studio and look forward to getting started.”
Digital Domain will announce specific projects and the leadership team for the Florida studio at a later date.