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Home Featured

DNEG Expands Global Footprint with New Toronto Studio, Creates Up to 500 New Jobs Across its Canadian Studios

by MN4U Bureau
August 24, 2021
in Featured, International
Reading Time: 3 mins read
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VFX and Animation company DNEG gets a valuation of $1.7 billion
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Mumbai: DNEG, a leading visual effects (VFX) and animation studio for the creation of feature the film, television, and multiplatform content, announced plans for increasing its Canada-based VFX and animation operations and talent pool. With surging worldwide demand for its content across all platforms, DNEG is planning a new studio in the Greater Toronto Area that will initially employ up to 200, including many new technology positions, as well as expanding its existing Vancouver and Montreal offices, and adding a new studio for its Feature Animation division in Vancouver. DNEG also has North American operations in Los Angeles.

North American expansion and investment bolsters DNEG’s leadership and multiplatform capabilities as a modern-day content production powerhouse for major Hollywood and independent studios and production companies. DNEG is well-positioned to capitalize on high demand in the entertainment marketplace for its award-winning VFX and animation services in the creation of streaming, feature film, and TV content.

Namit Malhotra
Namit Malhotra

DNEG Chairman and CEO Namit Malhotra said, “As DNEG continues to build upon its award-winning legacy, we are further investing in Canada by creating up to 200 new jobs in the Greater Toronto Area with the opening of our fourth North American studio. We are also continuing to build out our studios in Vancouver and Montreal to support our upcoming slate of VFX projects, and extending our highly successful Feature Animation team to Vancouver as they move into production on five new animation projects. Growth in our Canadian talent and capabilities will help us strategically align with the demands of the entertainment industry and seize upon our new growth initiatives and content creation opportunities.”

The new Toronto studio will create up to 200 new jobs, initially in a remote-work capacity. Roles will encompass visual effects for film and episodic projects, feature animation, and technology positions. Opportunities will be posted at DNEG.com.

Paul Salvini
Paul Salvini

DNEG Global CTO Paul Salvini added, “I’m excited that DNEG is bringing these new opportunities to the visual effects and technology communities of the Greater Toronto Area. As a resident of Kitchener / Waterloo myself, I’m well aware of the strength of the technology talent in this area. This is a great chance for technologists working in AI, machine learning, UX, and across a broad spectrum of technology areas to refocus their talents on helping to create incredible imagery for some of the world’s biggest feature films and episodic series. We’re not fixed on candidates having previous film or media industry experience – we’re looking for passionate and curious technologists who are excited at the prospect of a new challenge.”   

DNEG will be creating up to 300 new roles across its Vancouver and Montreal offices, including up to 100 new positions in Vancouver for its Feature Animation team, to support their upcoming slate of animation projects. Opportunities will be posted at DNEG.com.

As an industry leader, DNEG has won six Academy Awards® for Best Visual Effects (including five in the last seven years), as well as multiple awards for its visual effects work on high-end episodic shows for OTT and streaming clients. To take full advantage of the surge in demand across film, television, and streaming platforms, DNEG is bolstering its world-class VFX and animation services and continues to innovate its technology infrastructure and strengthen its global reach, including these North American expansions and its recently opened Bangalore studio, DNEG’s fourth location in India.

DNEG Industry Awards

DNEG’s VFX work has won:

Six Academy Awards® (Nine Nominations)

  • Best Visual Effects
  • Winners:
  1. Tenet (2021)
  2. First Man (2019)
  3. Blade Runner 2049 (2018)
  4. Ex Machina (2016)
  5. Interstellar (2015)
  6. Inception (2011)
  • Six BAFTA Awards (10 Nominations)
  • 11 Visual Effects Society (VES) Awards (28 Nominations)
  • 2 Primetime EMMY® Awards (Four Nominations)

DNEG recently announced that Novator Capital Advisers, LLP (Novator) has invested
$250 million in subsidiaries of Prime Focus Limited, the parent company of DNEG. The Novator investment has allowed Prime Focus Founder Namit Malhotra to streamline the Group’s ownership structure, consolidate minority investments, and position DNEG for future growth.

Tags: DnegNamit Malhotra DNEGPaul Salvini DNEG

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