VFX company DNEG will provide Netflix with visual effects and virtual production services for the streamer’s series and feature programming until 2025.
The non-exclusive agreement will see DNEG provide premium VFX services for Netflix across domestic and international markets.
“Netflix is the leader in the field of streaming content, and DNEG is at the forefront of VFX and virtual production services,” said Namit Malhotra, DNEG chairman and CEO.
“This agreement is transformative for DNEG and creates the opportunity for further expansion of our global scale and further investment in DNEG’s industry-leading technology. 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 continued: “This deal allows us to continue providing Netflix with the very highest levels of quality and service across its programming globally. I am proud of the long relationship DNEG enjoys with Netflix and our work on some of their most popular and critically acclaimed shows. To meet the strong demand for our services and drive even further growth, DNEG is looking to expand our capacity up to 40 per cent by year-end 2022.”
DNEG is already working with Netflix on a number of projects, including Stranger Things season 4; Rian Johnson’s Knives Out 2; The Witcher: Blood Origin; and upcoming fantasy comedy-adventure Slumberland.