‘The Lord of the Rings’ director sells his visual effects studio for $1.6 billion
By Diksha Madhok, CNN Business “The Lord of the Rings” director Peter Jackson is selling most of his visual effects studio Weta Digital to Unity, which makes development software for video games, for $1.6 billion. The cash-and-stock deal will see the American platform acquire Weta Digital’s “tools, pipeline, technology, and engineering talent,” the companies said
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