Scanline pledges $100 million investment in S. Korea's special effects film production facility

By Lim Chang-won Posted : May 20, 2022, 10:30 Updated : May 20, 2022, 10:30

[Courtesy of Scanline VFX]

SEOUL -- Scanline VFX, a prominent visual effects and animation company acquired by Neflix, will invest some $100 million in South Korea's special effects film production facility using virtual reality production technology. The investment will be made over six years until 2027.

The Ministry of Trade, Industry and Energy said that Trade Minister Ahn Duk-geun and Scanline President Stephan Trojansky were to attend an investment signing ceremony in Seoul on May 20. Scanline has worked on tentpole films for Marvel, DC and others. 

Scanline's investment will serve as the basis for South Korea to grow as an Asian hub for content production based on information and communication technology (ICT), the ministry said. "This investment will contribute to the realization of South Korea's global media power," Ahn said.

Scanline with offices in Vancouver, Los Angeles, Munich, Stuttgart, Montreal, London and Seoul is known for its proprietary, in-house fluid effects software, Flowline, which is used in various fluid effects like water and fire. The company offers visual effects (VFX), 3D animated features and post-production services VFX is a process by which imagery is created or manipulated outside the context of a live-action shot in filmmaking and video production. 
Lim Chang-won

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