Giant Studios will be closing its doors after fulfilling remaining contracts. Meanwhile, it has been reported that the company has sold the rights to its proprietary performance-capture technology to James Cameron's Lightstorm Entertainment.
The Giant R&D group will continue development at Lightstorm in California.
Giant has been a force on a number of big films of late, including “The Lord of the Rings.” It also played a big role in Cameron’s “Avatar.” No doubt the technology will be used in the upcoming “Avatar” sequels.