There's a reason nearly all of the old guard VFX studios were driven to bankrupt... | Hacker News

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		doph 3 days ago \| parent \| context \| favorite \| on: McDonald's pulls AI Christmas ad after backlash There's a reason nearly all of the old guard VFX studios were driven to bankruptcy over the last decade and it doesn't have anything to do with massive demand for talent.

crazygringo 3 days ago [–]

Yes, the reason was massive underbidding and fixed-bid contracts that would overrun. In other words, mismanagement.

There still aren't enough senior-level VFX artists in a Hollywood. It continues to be a blocker.

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