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Leading Visual Effects Studio Digital Domain Continues Global Expansion with India Opening

2017-11-06 19:47
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-The award-winning studio combines a VFX legacy with innovative immersive experience expertise

HONG KONG and HYDERABAD, India, Nov. 6, 2017 /PRNewswire/ -- Digital Domain Holdings Limited (Stock Code: 547), one of the largest and most innovative providers of visual effects and immersive experiences, today announced the official opening of a studio location in Hyderabad, India. India is the latest in a string of new locations for Digital Domain, including recent openings in Beijing and Hong Kong earlier this year. Hyderabad marks the tenth location for the global studio.

Digital Domain is the only global studio with a legacy of award-winning visual effects expertise that leads innovations in virtual, mixed, augmented realities and technology bringing premium content experiences to the consumer.

Digital Domain India is located in Hyderabad's IT/ITES Special Economic Zone campus, where it joins other innovative brands including Apple, Microsoft, Facebook and Google.

Sudhir Reddy is appointed as Head of Digital Studio. Prior to leading the Digital Domain India location, Reddy worked closely with our North American teams as an extension of his leadership role at Reliance MediaWorks. He brings close to 20 years of industry experience across creative, production and managerial roles.

Venkatesh Roddam joins as senior strategic advisor for Digital Domain. Roddam was CEO of Reliance MediaWorks, one of India's leading media and entertainment companies, with a presence across several businesses including theatrical exhibition of films, film and media services and television content production and distribution. 

In addition to Hyderabad, Digital Domain has global presences in Los Angeles, New York, Portland, Vancouver, London, Shanghai, Beijing, Taipei and Hong Kong.

"The world class infrastructure and start-up ecosystem in Hyderabad make it an extremely desirable location for innovative companies like Digital Domain," added Mr. Daniel Seah, Executive Director and Chief Executive Officer of Digital Domain. "Combined with the recent projections for SmartPhone growth and mobile bandwidth expansion in the region, the people of India are primed to demand and expect premium content, and we are ready to deliver on that need."

"India is, and will continue to be, an integral part of Digital Domain's global expansion plans, as we foresee the region to be a leading consumer of premium content," added Amit Chopra, Chief Operating Officer of Digital Domain. "The escalating demand for premium film and digital experiences in India combined with a highly skilled local talent pool and Digital Domain's prowess in the visual effects and the interactive content space will prove unstoppable."

ABOUT DIGITAL DOMAIN

Digital Domain creates transportive experiences that entertain, inform and inspire. The company is a pioneer in many fields, including visual effects, livestreaming landmark events in 360 degrees virtual reality, building situational awareness applications, creating "virtual humans" for use in films and live events, and developing interactive content. A creative force in visual effects and media applications, Digital Domain and its predecessor entities have brought artistry and technology to hundreds of motion pictures, commercials, video games, music videos and virtual reality experiences. Its ground-breaking visual effects appear in films such as "Titanic," "The Curious Case of Benjamin Button" and recent blockbusters "Spider-Man: Homecoming" and "Beauty and the Beast." Staff artists have won more than 100 major awards, including Academy Awards®, Clios, BAFTA awards and Cannes Lions.

Digital Domain has locations in Los Angeles, New York, Portland, Vancouver, London, Shanghai, Beijing, Hong Kong, Taipei and Hyderabad. Digital Domain Holdings Limited (www.ddhl.com) is listed on the Hong Kong Stock Exchange (stock code 547). For more information, visit www.digitaldomain.com.

Media contact:
Carrie Chu
Digital Domain
Tel: +852 3150 8528
Email: carrie.chu@ddhl.com

Source: Digital Domain Holdings Ltd.

Related stocks: HongKong:0547

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