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JS Communications Co., Bids for Rhythm & Hues

South Korean media company JS Communications Co., has recently signed a letter of intent to buy financially-troubled VFX studio Rhythm & Hues, which is responsible for the recent award-winning CG/live-action opus Life of Pi. In the letter of intent, JS Communications is asking the bankruptcy court handling Rhythm & Hues’ case for the stalking horse […]

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Rhythm & Hues Goes Bankrupt

It seems that all the awards in the industry is not enough to keep a company afloat (not that they can be literally converted into payroll money), as the legendary visual fx and animation studio Rhythm & Hues has just filed for bankruptcy, after an acquisition deal from Indian-based Prime Focus fell through.