ILM, or Industrial Light and Magic for the uninitiated, is selling off its physical production unit becoming an entirely digital effects house. The unit was responsible for model and miniatures effects. Here are some details on the deal provided by Variety:
Purchaser is Mark Anderson, a model maker who has worked at ILM for more than 15 years.
Unit will be remonikered Kerner Optical, for its location in ILM's former digs on Kerner Avenue in San Rafael, Calif., and will focus on all physical production, including models, miniatures and stage work.
Once spun off, Kerner Optical will aim to pick up the slack by seeking work that ILM would not get. Kerner will become a preferred subcontractor for ILM.
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