Hi Kumarvvr,
This piece of information came out during my conversations with a couple of friends from the industry working in PF and The Mill. Incidentally, both are also in the list.
As far as your other hypothesis about the well being of mid sized vfx firms is concerned, I think we can only make educated guesses about the future. What actually transpires, only time will tell.
There is also another point I would like to make at this juncture. VFX payments are tied to stages of delivery. In the Pre OTT times, VFX firms were working with dubious small scale productions houses in Mumbai who were not reliable pay masters. Sometimes VFX payments (infact writer, DoP, Director and even actor payments) were delayed or renegotiated mid project. It was a chaotic time. But these days, in the professionally run OTT universe, work and payments are like clock work. You deliver the stages of the job, you work on three rounds of feedback, you get paid. Moreover, the final payment is pre delivery. That means the show/movies doesn’t get released on the slated date if the VFX team doesn’t get paid. That means huge losses for the platform. So, if the VFX team is good and what they do, 99% of the time they will get paid on time and full amount.
| Subscribe To Our Free Newsletter |
