Michael Bay Buys His Very Own FX Company

by | May 16, 2006 | Comments

Michael Bay already owns his own production company (Platinum Dunes), so obviously he has to own his own FX house! This explains why the "Transformers" director and a partner dropped what must have been a LOT of cash to purchase well-regarded FX company Digital Domain.

Digital Domain, the Academy Award®-winning full-service digital studio and production company responsible for jaw-dropping visual sequences in such films as "Titanic," "The Day After Tomorrow" and "I, Robot" as well as commercials such as the recent Budweiser Super Bowl "Superfan" spot, has been acquired by South Florida-based Wyndcrest Holdings, LLC, a group led by director Michael Bay and investor John Textor.

Carl Stork, a long-time senior Microsoft executive and principal of Wyndcrest Holdings, has been elected chief executive officer and a member of the Board of Directors of Digital Domain, replacing Scott Ross who is stepping down as CEO and remaining a consultant to the company. C. Bradley Call will remain president and chief operating officer. Bay and Textor will co-chair the Board of Directors.

"At a time when every top grossing motion picture is relying on digital visual effects to help tell compelling and entertaining stories, we believe this translates into a bright future for companies in this field, and we believe Digital Domain represented a unique opportunity to invest," said Stork, whose accomplishments at Microsoft included leading the development of Windows® 95/98. "The creative and talented team at Digital Domain has a great reputation in both the feature film business and in the commercial advertising community for high-quality, award-winning work. Adding the expertise, business acumen and diverse relationships of the Wyndcrest principals will allow Digital Domain to capitalize on the rapidly expanding opportunities in the entertainment business.

"On behalf of all involved with Digital Domain, I would like to thank Scott Ross for his remarkable contributions as a founder and leader of the company over the past 13 years," Stork said. "We intend to draw on his advice and counsel over the coming years and we wish him well in his future endeavors."

"Having worked with Digital Domain in the past, I am well aware of the talent and creativity of the team here, and understand first-hand why the company has a well-earned reputation for creative and high-quality work," said Bay. "Rapidly evolving digital visual effects technology is going to allow motion picture directors to tell even more compelling and visually stunning stories in the future, and we believe that Digital Domain is uniquely positioned to take advantage of these new technologies, as well as new distribution channels and platforms."

"Digital Domain is well-positioned with exceptional people and leading technology at a time when reliance on visual effects is increasing in every sector of entertainment," said Textor, who has known Bay since their days at Wesleyan University and has been his business partner for eight years. "We look forward to combining these attributes with a renewed commitment to build the commercial and film industries’ leading director-centric visual effects business. Through the addition of new capital and the appropriate strategic relationships, we are also committed to the extension of the Digital Domain business into the direct development of animated films and effects-reliant live action films."

"While we all believe we’ve accomplished a great deal in the industry, we’re incredibly enthusiastic about the future as we believe this new ownership group will provide the necessary capital and strategic resources to allow us to grow our business profitably in both feature films and in advertising while retaining an environment that encourages our artists to strive for ever-greater heights of creative excellence," said Call, a decade-long Digital Domain executive who assumed the presidency of Digital Domain, as well as day-to-day responsibility for leading the company, in 2002.

"We know that our future depends on continuing to satisfy the creative needs of our clients in a manner, and on a budget, that other competitors cannot match," Call added.

Stork will take over as Digital Domain CEO effective immediately.

–Digital Domain press release courtesy of ComingSoon.net.

In addition to the three titles mentioned above, Digital Domain also provided visual effects for movies such as "True Lies" (their first flick), "Apollo 13," "The Fifth Element," "Armageddon," "Fight Club," "X-Men," "Charlie and the Chocolate Factory," "Stealth," "Aeon Flux," and the upcoming "My Super Ex-Girlfriend."

Tag Cloud

2016 Vudu The CW slashers Superheroe cancelled television discovery FXX Amazon Prime Disney Channel Lucasfilm Video Games RT21 Universal YA Ghostbusters hist crime Best and Worst green book BET Crunchyroll 21st Century Fox theme song historical drama Comic Book Bravo adventure renewed TV shows Musicals binge Opinion Music Holidays FOX halloween Britbox ratings Fantasy mutant Chernobyl 2015 BBC Elton John jamie lee curtis true crime Horror Cannes south america Tumblr joker dceu stand-up comedy miniseries APB NYCC Masterpiece Trivia TCM Star Wars WGN Anna Paquin RT History talk show social media PBS Epix Turner Winners Black Mirror cops ABC Family diversity psycho blockbuster supernatural Paramount Network canceled TV shows Thanksgiving USA Reality Competition CNN LGBTQ Sci-Fi Arrowverse Quiz war dramedy cancelled TV series canceled robots movies video kids Hulu Rocketman justice league Trophy Talk SundanceTV CMT Captain marvel animated Interview nature psychological thriller Summer Character Guide Mary Tyler Moore doctor who Election Ovation cartoon Spike comic independent MSNBC biography Adult Swim Fall TV medical drama Biopics IFC Infographic Unbreakable Kimmy Schmidt Paramount cancelled TV shows cooking Action Toys cults 007 Chilling Adventures of Sabrina CBS All Access Reality Apple TV+ crossover NBC HBO Max rotten movies we love Cosplay Extras mockumentary YouTube Television Academy CW Seed Stephen King sitcom Emmy Nominations Podcast ESPN batman toy story Mary poppins VICE Photos Schedule TruTV spy thriller Lionsgate Writers Guild of America The Walking Dead children's TV Countdown unscripted serial killer TV Land Mystery natural history HBO crime thriller adaptation boxoffice Song of Ice and Fire Crackle 71st Emmy Awards Grammys MTV sequel aliens disaster facebook versus Apple Emmys A&E politics Disney Plus Walt Disney Pictures LGBT Family award winner Rocky San Diego Comic-Con Disney DGA Netflix Christmas movies X-Men Starz Winter TV Spectrum Originals Warner Bros. golden globes Sundance Now Disney streaming service spinoff Sony Pictures cancelled elevated horror werewolf travel Heroines Peacock Amazon Mary Poppins Returns docudrama ABC police drama TCA casting science fiction Tarantino Shudder New York Comic Con Women's History Month singing competition Lifetime Christmas movies transformers See It Skip It WarnerMedia GIFs The Witch FX GLAAD Premiere Dates romantic comedy USA Network Lifetime Pop anthology quibi political drama richard e. Grant DC streaming service technology MCU VH1 teaser Rock finale Pirates Polls and Games Awards Nominations television TNT SXSW Comedy Central BBC America dc ITV Netflix streaming 2017 screenings Marvel Studios spain festivals 20th Century Fox Animation The Purge First Look Comics on TV cinemax Brie Larson game show GoT revenge Marvel Calendar Marathons Classic Film DC Universe witnail strong female leads 45 CBS Rom-Com Tomatazos 24 frames Set visit Freeform anime IFC Films cats space Film Festival thriller Super Bowl Oscars blaxploitation comiccon Trailer series Dark Horse Comics Awards Tour hispanic Logo composers Christmas spanish language tv talk History Spring TV Acorn TV indie zero dark thirty Mindy Kaling Food Network Shondaland what to watch El Rey Kids & Family Pride Month Holiday based on movie Columbia Pictures Pet Sematary sports romance Mudbound Watching Series harry potter Western Martial Arts breaking bad SDCC christmas movies Nat Geo Nickelodeon Star Trek Drama The Arrangement zombies latino free movies dragons TBS Apple TV Plus American Society of Cinematographers zombie Teen Esquire Red Carpet DC Comics Showtime Certified Fresh 2019 foreign Marvel Television Comedy Valentine's Day Ellie Kemper Hallmark Christmas movies Musical YouTube Red spider-man Superheroes Fox News OWN Disney+ Disney Plus cars First Reviews President 2018 E! Film Turner Classic Movies Box Office Year in Review book TV DirecTV Creative Arts Emmys Syfy A24 Country comics Sundance AMC vampires National Geographic game of thrones TIFF Cartoon Network Pixar TV renewals TLC Amazon Prime Video TCA 2017 Hallmark ghosts PaleyFest YouTube Premium E3 Sneak Peek crime drama period drama Binge Guide