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China's Galloping Horse, India's Reliance Win Auction for Digital Domain

Published on : September 24, 2012
China\'s Galloping Horse, India\'s Reliance Win Auction for Digital Domain

 The companies said they would buy the visual effects, Mothership Media unit and certain other businesses and assets of Digital Domain Productions. Galloping Horse will control 70 percent of the venture, with Reliance owning the rest.

"Galloping Horse-Reliance will acquire all assets constituting the businesses of Digital Domain and Mothership - feature film and advertising visual effects, commercial production and virtual humans, studios in California and Vancouver, British Columbia, Canada and a co-production stake in the feature film Ender’s Game," the companies said in a statement.

Searchlight Capital Partners had submitted a first $15 million bid for the Digital Domain and Mothership assets. click here

©2012 The Hollywood Reporter.

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