Rhythm & Hues Files for Chapter 8

VelvetElvis

http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-rhythm-hues-bankruptcy-filing-20130211,0,4416813.story

I guess 200 people are getting laid off, I hope they find work soon.

tottot

This type of news needs its own general discussion sub section...its getting too depressing

Jeremy Tabor

Last I had heard it was chapter 11, not 8. I suppose that could have changed since this morning, though.

I was one of the 200. Such a great group of people, doing amazing work. I hope the company can pull through.

Jeremy Tabor

http://www.thewrap.com/movies/article/rhythm-hues-filing-bankruptcy-after-deal-prime-focus-collapses-77056

VelvetElvis

Jeremy Tabor wrote: »

Last I had heard it was chapter 11, not 8. I suppose that could have changed since this morning, though.

I was one of the 200. Such a great group of people, doing amazing work. I hope the company can pull through.

Yeah, it's Chapter 11. Hopefully the studio pulls through and you guys can get back to work.

It just boggles the mind how a studio can produce immensely successful VFX and still have trouble making ends meet. Something has to be done to get profits back in line so studios can actually operate.

Steve Schulze

n/m