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Basilic Fly Studio Invests in Award-Winning VFX House One of Us
Chennai, July 29, 2024 Basilic Fly Studio (BFS), headquartered in Chennai, has made a significant investment in One of Us (OOU), the renowned London and Paris-based VFX house known for its BAFTA and Emmy award-winning work. The deal sees BFS taking a 70% stake in OOU, merging the talents and technologies of both studios to create a more agile VFX partner for the film, streaming, and TV content industries.The strategic investment unites two studios with a shared reputation for quality and innovation. By combining their expertise, BFS and OOU will offer enhanced services to meet the evolving demands of the entertainment sector. The collaboration is expected to create a VFX powerhouse with over 900 artists across multiple locations.BFS, which began as a small team in Chennai over a decade ago, has grown into a global player with over 500 employees and studios in Chennai, Pune, Vancouver, and London. The studio has contributed to iconic projects like Avatar, Avengers: Endgame, and The Last of Us. BFSs growth trajectory includes being listed on the India Stock Exchange, showcasing its commitment to excellence and organizational expansion.One of Us, founded in 2004 by Rachael Penfold, Dominic Parker, and Tom Debenham, operates VFX studios in London and Paris with a capacity for over 450 artists. The studio has earned accolades for its work on The Crown, The Witcher, and The Alienist, among others. Over the past five years, BFS and OOU have collaborated on numerous high-profile projects, including Bridgerton, Fantastic Beasts: The Secrets of Dumbledore, Napoleon, The Zone of Interest, and Luther: The Fallen Sun.The partnership will enable the studios to pool their talent, creativity, and resources, providing clients with an even stronger service offering. The existing leadership teams of both studios will continue to lead their respective operations, ensuring a seamless transition and ongoing commitment to quality.Rachael Penfold, CEO and Co-Founder of One of Us, expressed excitement about the partnership: The opportunity to combine with a fast-growing studio like BFS working closely with Bala, Yoga, and their fantastic leadership is very exciting for us. It allows us to expand in ways we would not easily achieve on our own. We will bring together our brilliant and talented teams, offering a greater diversity of choice within the sector and more exciting opportunities into the hands of our artists.Balakrishnan, CEO and Co-Founder of Basilic Fly Studios, shared a similar sentiment: Since founding Basilic Fly Studios with my colleagues back in 2013, we have always wanted to create an international partner for the film, TV, and streaming industry, and todays deal with One of Us is an important milestone in this vision. Throughout our relationship, I have been blown away by the skill of the One of Us team, and together with the talent of the BFS team, I am certain that we can achieve great things together.The partnership comes at a transformative time for the entertainment industry, with increased reliance on technologies such as AI. The combined strengths of BFS and OOU will enable the studios to bolster their IT infrastructure and explore new ways to harness the creativity of their skilled VFX artists.As the industry continues to evolve, the collaboration between Basilic Fly Studio and One of Us promises to deliver exceptional VFX work that captivates audiences worldwide, both at home and in cinemas.The post Basilic Fly Studio Invests in Award-Winning VFX House One of Us appeared first on vfxexpress .The post Basilic Fly Studio Invests in Award-Winning VFX House One of Us appeared first on vfxexpress .
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