Technicolor has announced the launch of Mill Film, a new VFX studio for the theatrical/film production market.
The initial production hub will be located in Adelaide, with plans to expand into other film production locations to service its global clients.
Mill Film will service clients not currently addressed by Technicolor’s MPC or Mr X. The initial focus for the facility is on Film VFX for major studios and streaming services. Mill Film will also address emerging opportunities in the areas of immersive media such as virtual and augmented reality.
Working with the government of South Australia, which recently announced a newly expanded Post Production, Digital and Visual Effects (PDV) rebate, Technicolor plans to establish a large facility in the state.
Within five years, Technicolor projects that the facility will accommodate 500 artists and technologists.
At an announcement held at the Capri Theatre in Adelaide yesterday, it was confirmed the South Australian government would invest $6m in the venture.
Adelaide is already home to Rising Sun Pictures, a visual effects company that employs 200 people in central Adelaide.