Digital Domain is one of the biggest special effects companies in Hollywood. It is no Industrial Light and Magic, but it has its share of the industry, having worked on such blockbusters as Titanic and, umm, Stealth. Sure, they've done some bad work (The Time Machineand the first X-Menwere pretty awful-looking), but I think they did an amazing job with The Fifth Element, even though it too is consistent with the company's lack of ability to create seamless visuals. Nearly every one of their films has a certain artificiality about it; ILM is typically better at putting real people together with CGI.
Anyway, to the point: the 13-year-old company has just been acquired by Wyndcrest Holdings, LLC, a firm led by
demolitions expert director Michael Bay and investor John Textor, who will both now sit on Digital Domain's Board of Directors. Carl Stork, formerly a Microsoft executive and currently a principal at Wyndcrest, has been appointed CEO of the company, replacing Scott Ross, who will remain a consultant. While it is generally a good move to invest in special effects companies these days, as they are being touted as more important than movie stars, I can't figure out a specific motivation behind the buy. Not that there needs to be anything more to it than money -- I mean this is Hollywoood -- but I like to think that most creative people have some other interests in the world besides a paycheck. Oh wait, I forgot -- I'm talking about Michael Bay.