Digikore Studios continues to grow with new facilities in Mumbai and Montreal
Services like Netflix, Apple TV+ and Disney+ are expected to spend billions of dollars on shows and movies this year.
Pune-based Digikore Studios (www.digikorevfx.com), specializing in providing visual effects (VFX) services for streaming, TV, film, commercials and virtual productions, opens new production facilities in Mumbai and Montreal.
Digikore is expanding to meet growing demand from streaming services that compete fiercely for subscribers. Services like Netflix, Apple TV+ and Disney+ are expected to spend billions of dollars on shows and movies this year. It’s estimated that Netflix alone will spend $19 billion on content this year.
“In a bid to tap into the large talent pool of visual effects artists in Mumbai and Montreal, Digikore Studios is set to open facilities there. The new facilities in Mumbai and Montreal as well as our existing facilities in Pune will help us grow into a 600+ talented VFX studio and position us as a global top player in the VFX industry,” said Abhishek More, Founder and CEO of Digikore Studios.
Visual Effects Market was valued at USD 6.7 Billion in 2020 and is projected to reach USD 9.7 Billion by 2028, growing at a CAGR of 5.19% from 2021 to 2028. Driving the rise of the global visual effects market is the growing demand for high-quality content.
“We have pent-up demand from projects put on hold during shutdowns coupled with the proliferation of streaming channels that need to be fed with a continuous stream of content,” More added. “The technical capabilities of VFX have taken leaps and bounds in recent years and the limits are constantly being pushed. It’s no longer just tentpole movies that get the full VFX treatment.
Serving clients in North America, Europe, Australia and Asia, Digikore Studios is a premier visual effects studio and creative home for some of the industry’s top VFX talent. Digikore is among the very few VFX studios in India that have been audited and licensed by TPN, Disney/Marvel, Netflix, Amazon, Paramount, Warner and Sony. Over the past 13 years, Digikore has delivered visual effects on over 150 movies and series, including Jumanji, Deadpool, Patriot’s Day, The First, Stranger Things, The Last Ship, Stargirl, Star Trek Beyond, Game of Thrones, The Walk, Proud Mary, Transformers: Age of Extinction, Expendables 3, Need for Speed, Don Jon, Titanic 3D, Ghost Rider: Spirit of Vengeance, Blended, Everly and many other movies and series.
“The facilities in Mumbai and Montreal will help us strategically align with the demands of the entertainment industry and capture our new growth initiatives,” added More, who is confident that Digikore is well positioned to become a global company. forefront in visual effects.