Ongoing financial struggles in the VFX and animation industries which contributed to the toppling of Technicolor Creative Group have shuttered another international studio group, Jellyfish Pictures. The London-based company, founded in 2001, had set up locations in Mumbai, Toronto and Sheffield over the years, establishing brands Jellyfish Animation and Jellyfish Originals for kids & family content.
A source from Jellyfish Pictures India told Animation Xpress that the company had been struggling with investor issues in the U.K., and management had opted for a temporary halt. Employees have been notified and assured that March salaries will be paid.
The BAFTA, Emmy, VES, Annie and RTS Award-winning studio had contributed to many notable productions, including DreamWorks Animation’s Dog Man, Kung Fu Panda 4, The Bad Guys, Trolls World Tour and How to Train Your Dragon: Homecoming, as well as the upcoming Netflix adaptations of Roald Dahl’s The Twits and Curtis Jobling’s Wereworld books, Wolf King. Notable live-action VFX projects include Lucasfilm’s Rogue One, The Last Jedi, Solo and The Book of Boba Fett, Kingsman: The Secret Service, Stranger Things and HBO’s Watchmen.
[Source: Animation Xpress]
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