Global entertainment giant Technicolor is establishing a visual effects (VFX) centre in Adelaide called ‘Mill Film’ – a $26 million 3000-plus square metre visual effects (VFX) studio.
The initial focus for Mill Film will be delivering VFX for major film studios and streaming services, with a later expansion into emerging opportunities in virtual and augmented reality. Mill Film will comprise an Adelaide Centre of Excellence and VFX Academy, together accommodating 500 people – ranging from technologists to artists – when running at full strength within five years.
Paris-based Technicolor employs more than 15,000 globally with facilities in Paris, London, Los Angeles, Montreal, New York and Vancouver.
Technicolor worked on the film The Shape of Water, nominated for 13 Oscars, along with films such as the Jungle Book, The Martian, Blade Runner 2049, Wonder Woman and Pirates of The Caribbean: Dead Men Tell No Tales.
The South Australian Government will provide up to $6 million from the Economic Investment Fund to support the project, which is expected to have an economic benefit of around $252.6 million over ten years.
Technicolor’s Chief Executive Officer, Frederic Rose said the company picked South Australia as an opportunity for expansion because the State provides the ability to engage with a pool of proven creative talent; work with leading universities; and build on a modern and mature infrastructure that is critical for working on high-end VFX projects.
“Investment Attraction South Australia worked with us to provide a complete investment package. The State Government’s 10 per cent rebate PDV rebate, stackable with the Federal Government’s 30 per cent incentive was an opportunity too good to ignore,” Mr. Rose said.
“Investment Attraction South Australia has made connections for us across the whole ecosystem to ensure our success in the State. They made it an easy decision to come to Adelaide, and I think it will become a global VFX destination once the secret gets out.”