Latest News | DNEG Enters into Multi-year Services Pact with Netflix
Get latest articles and stories on Latest News at LatestLY. Leading technology-enabled visual effects (VFX) and animation company DNEG on Tuesday said it has signed a new, multi-year services agreement with the US-based content streaming platform Netflix.
New Delhi, May 17 (PTI) Leading technology-enabled visual effects (VFX) and animation company DNEG on Tuesday said it has signed a new, multi-year services agreement with the US-based content streaming platform Netflix.
As part of the agreement, DNEG will build upon its existing award-winning Netflix work with a significant expansion of its premium VFX work, both domestic and abroad.
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The non-exclusive agreement covers the provision of visual effects and virtual production services by DNEG for Netflix series and feature programming, the company said in a statement.
"The new agreement extends and expands on a previous agreement that the companies signed in September 2020 and creates a pipeline of Netflix programming work for DNEG through 2025," it said.
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DNEG's Chairman and CEO Namit Malhotra said this agreement is transformative for the company and creates the opportunity for further expansion.
"The signing of this multiyear agreement reflects the success of our partnership with Netflix to-date and validates DNEG's strategic direction and worldwide growth initiatives," Malhotra added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)