Netflix Buy of VFX Studio Scanline Expected to Close Q1

Wanting to “surprise and delight” Netflix subscribers “by pushing the boundaries of visual effects” was the streaming platform’s rationale for its plans to acquire Scanline VFX, “one of the most creative and innovative VFX studios,” blogged Vice President-Studio Operations Amy Reinhard Monday. The transaction is expected to close in Q1. “Scanline is known for its complex, photorealistic effects and expertise in virtual production,” said Reinhard. Netflix will invest in Scanline’s “pipeline, infrastructure and workforce,” she said.