The 34-year old company, which made a profit of £19m on turnover of £91m in 2019, has operations in Canada, the US and India. Company 3 / Method (C3M) encompasses a number of studios in addition to Company 3 and Method including Encore, and Stereo D, based across eleven cities in the US, Canada, UK, Australia and India. framestore. “We use Google rendering for peak provisioning alongside our render farm but there is a pressure for us to continually develop rendering technologies that are as quick and efficient as possible,” says Walkinshaw. Its work covers award-winning images in commercials, music videos, television graphics and television drama. The company also worked on the 2017 film Darkest Hour directed by Joe Wright, working out of the Montreal facility of Framestore to create historically accurate backdrops for 85 shots in the film, including battle scenes. The acquisition creates the only global creative services studio working across every part of the creative and production process. C3M which includes VFX shops Method Studios, Encore and EFILM, has 3,500 ‘artists, experts, engineers and innovators’ on its books, now added to Framestore’s 2,500 employees. Framestore has purchased global post-production and VFX brands Company 3 / Method (C3M) for an undisclosed figure, in partnership with financiers Aleph Capital and Crestview Partners. “Our business is growing, we need a mix of talent and we recruit from lots of colleges in Europe because the skillsets are there. https://reel360.com/article/framestore-acquires-company-3-method Vivendi and Mediaset: the end of hostilities? Absent Covid-19 and spend on film and high-end TV production in the UK was on target to hit record levels this year, according to the BFI Research and Statistics Unit. Framestore General Information Description. Boom Radio, which launched last month, is thought to be the first UK station without a central studio facility. I have long admired Stefan and his achievements and our expanded team will lead in the innovation of this new content world.”, Adding to this, Company 3’s founder and Company 3 / Method president, Stefan Sonnenfeld says, “The partnership represents the combining of two great teams, both bringing world-class expertise from our respective fields. What industry is the company in? “It’s really important to get back to an environment where we can all work more collaboratively.”. Pandemic impact Framestore’s fortunes contrast with rival VFX giants as Covid-19 ripped through the sector. “This decision to introduce salary reductions has not been taken lightly, and our aim is to preserve the jobs of as many of our employees as possible while ensuring that we continue to deliver the best possible work for our clients. A partnership that … Industry: Motion Picture Production & Distribution. The company is “now in negotiations on major VFX tentpole projects that were delayed during the first half from one key client.”. Framestore Revenue Est. News Hub for Indian Animation VFX Comics Gaming Merchandising Applications Ecosystem. In a torrid year for the VFX industry in which the mass halting of live action shoots forced a number of facilities to downsize, one company has managed to dramatically expand. 265. The acquisition creates a global giant working across every part of the creative and production process in film, television, advertising, mixed reality, stereo conversion and experiential sectors. “Our vision for the future of our industry is storytelling across all the media of content delivery – from mobile to IMAX; and headset to theme parks,” says Framestore co-founder and CEO Sir William Sargent. Its portfolio of VFX and creative post companies split from Deluxe in the summer operating as C3M under original founder Stefan Sonnenfeld before being bought by Framestore. “Our vision for the future of our industry is storytelling across all the media of content delivery — from mobile to Imax; and headset to theme parks,” said Sargent in a release.