Gener8 Lands Financing For 3D Conversion

As the debate over the value of 3D goes on, conversion company Gener8 Digital Media received a stamp of approval today, announcing a $1.5 million round of financing. Its proprietary technology turns 2D film into 3D in postproduction. Post conversion is a process some have said produces inferior results to shooting in native 3D. Here’s the release:

VANCOUVER – October 13, 2011 – Gener8 Digital Media Corp., a rapidly growing 3D production company, has raised $1.5M in private financing with investors Macquarie Private Wealth Inc., Haywood Securities Inc., Raymond James Ltd., and Leede Financial Markets. The funding will allow Gener8 to pursue new projects and will further development of the company’s proprietary 3D technology, which provides filmmakers with an entirely unique method for creating movies in stereoscopic 3D. (more…)

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