Variety report: Vfx cuts may affect upcoming films

Visual effects now vie with stars as box office draws in summer tentpoles. But a possible shortage of visual effects shops could be a brutal blow to the next wave of f/x-heavy tentpoles.

Studios depend on outside vfx shops to deliver ever-larger amounts of first-class work on ever-shorter schedules. Some leaders of the visual effects business, both at vfx shops and at studios, are warning there could be a shortage of vfx capacity within a year -- a shortage that could drive up costs and even threaten release dates.

The combination of Hollywood's production slowdown and the recession have already driven some California vfx shops out of business, with more threatening to shutter.


http://www.variety.com/article/VR11...visual+effectsc