Monday, February 11, 2013

Rhythm & Hues to file for Bankruptcy

(Life of Pi washed up?)

I am sorry to hear this. I know someone who has worked at Rhythm & Hues for a long time. It's still amazing that a studio like R&H can be connected to so many popular films, and then end up like this. But that's how it goes when you are just a "hired gun"?

Maybe R&H needed to develop its own properties. The lack of creating their own characters and films may have helped to leave it at the mercy of the studios who do.

I can see that creative people aren't necessarily good at business, in other words, turning a profit. The ability of technology to leap overseas, and the outsourcing jobs sure don't help.

http://vfxlaw2012.wordpress.com/2013/02/11/rh-fallout/

http://www.cartoonbrew.com/business/breaking-rhythm-hues-will-file-for-bankruptcy-today-77816.html

http://animationguildblog.blogspot.com/2013/02/chaos-and-creative-destruction.html

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