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Prime Focus to form JV with Hong Kong firm for VR business, exits VFX venture

Thursday, April 28, 2016 | More »

Media services firm Prime Focus Ltd has signed an agreement to sell its 30% stake in loss-making visual effects (VFX) service firm Digital Domain-Reliance, LLC to its partner Digital Domain Holdings Ltd (DDHL) for $30 million. The move will allow the firm to invest more in advertising and virtual re...