HOLLYWOOD, CA--(Marketwired - May 7, 2013) - Medient Studios, Inc (
Prime Focus is a market leader in the provision of post-production and visual effects services and is a major supplier of production equipment. Under the terms of the joint venture, Prime Focus will provide production and post-production equipment, work flow technologies and skill transfer for Medient's megastudio project.
Mr. Manu Kumaran, chairman and CEO of Medient estimates that the Prime Focus contribution is worth in excess of $40 million.
Production & Post Production equipment and services will include:
- Cameras, lighting gear and other production equipment
- Cutting edge full service post production
- Offline and Online Editing, Color Correction and Grading Systems, Flame & Smoke suites and other post production equipment and software
- State of the art preview theatres with 3D
- Post production sound including mixing theatres
- Complete film and video transfer services
VFX & Animation equipment and services will include:
- Conceptual design, look development, on-set supervision, dynamics, on-location HDRI capture
- 3D animation/CGI, cosmetic enhancement, matte painting, compositing and finishing
This will form part of the initial $90 million Medient plans to invest in the 1500 acre site in Effingham, GA. Details under which Medient will develop the site, including its movie studios, entertainment facility and campus, were covered in the MOU signed with Effingham County Industrial Development Authority on March 19, 2013.
Mr. Namit Malhotra, founder and CEO of Prime Focus stated, "We are excited to be part of Medient's inspirational vision to reengineer the movie business."
Mr. Manu Kumaran stated, "This is the next level of firming up a very special relationship that has spanned the lifetime of Medient. Prime Focus has been a great partner of Medient and we are happy and proud that the relationship is progressing further."
About Prime Focus
Prime Focus Limited (
Prime Focus has a team of over 4,500 people with state-of-the-art facilities throughout the key markets of North America, UK and India. Using its 'Worldsourcing' business model, Prime Focus provides a network that combines global cost advantages, resources and talent pool with strong relationships and a deep understanding of the local markets.
About Medient
Medient ( www.medient.com ) is a publicly listed company (
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