Latest in Digital Domain Media Group

The fallout from Digital Domain Media Group’s bankruptcy continues with investors in the troubled special effects and 3D conversion firm taking the former CEO, the company's auditors and other executives to court for fraud. Having lost millions in the James Cameron-founded company just before it went under last…

Disney has been temporarily granted a request to halt Digital Domain Media Group's sale of 3D conversion patents. Disney has claimed that the proposed $5.4 million sale would infringe on its licensed ability to convert films from 2D to 3D and could make the company vulnerable to lawsuits. On Monday, Judge Brendon…

Hollywood studios will not be pulling the plug on projects at the financially troubled special-effects company after Digital Domain got some breathing room yesterday in bankruptcy court. Judge Brenden Shannon approved a fast-tracked auction of Digital Domain Media Group for September 21 and a debtor-in-possession…

Private investment firm Searchlight Capital Partners has agreed to pay $15M for Digital Domain Productions — the key operation at Digital Domain Media Group — although the special effects company will have to put itself up for auction following its Chapter 11 bankruptcy filing. Creditors threatened last month to forecl…

Weird things are happening at the James Cameron-founded company that’s responsible for special effects and 3D conversion on many Hollywood productions including Lionsgate’s Ender’s Game. Digital Domain‘s stock is down nearly 34% today to a piddling 65 cents a share and it announced in an SEC filing that CEO and…

From the makers of the virtual Tupac Shakur, who “appeared” at the Coachella Valley Music Festival, comes virtual Elvis Presley. CORE Media Group (formerly CKx), which owns the Presley brand, has signed a deal with digital production company Digital Domain Media Group to develop, produce and own a series of "virtual"…