Eros sets up subsidiary to foray into VFX

MUMBAI: Eros International has set up a subsidiary company to foray into visual effects in association with leading international talent Charles Darby.

Charles Darby

EyeQube Studios, in which Darby will have a minority stake, is initially investing $5-7 million to start operations and is already working on two of Eros‘s films, Drona and Aladdin.

"We are setting up a visual effects company specifically for the Indian market as we realise there is an enormous gap. We will also have very select international projects. Eyeqube is already working on Drona and Aladdin which are made on a budget of $10 million each," said Eros International COO Jyoti Deshpande.

Both these films will have visual effects that will eat away 40-50 per cent of the total investments.

EyeQube also will be working on 3-4 of Eros‘ movie projects. "Each of these movies will draw investments in the range between $40-60 million," said Deshpande.

EyeQube will cater to the top-end visual effects work and have over 300 people working in it. "We plan to work on 3-4 films a year and our focus will be on quality," said Darby who was in Mumbai to address the press conference.

Eros International president India Sunil Lulla said, "EyeQube will raise the bar of Indian visual effects and catapult our industry to international standards. It will produce not only Indian films with visual effects never seen before, but be also selectively involved with a few international projects."

Charles Darby has been associated with more than 45 films in the last 13 years. Darby‘s work includes films like Titanic, Crouching Tiger Hidden Dragon, The Fifth Element and Minority Report.

Latest Reads
Box Office: A disastrous week for film exhibitors

It has been another disastrous week at the cinema halls and the wait is now on for Diwali week releases. All the releases failed to find audiences and faced the no-audience-no-show situation. The films released a week earlier were faced with the similar fate as well.

Movies Hindi
Govt says 'no mushkil' to 'Ae Dil' even as Pak industry supports Indian content ban

NEW DELHI: Although Indian is almost completely banned in Pakistan now courtesy PEMRA, in India, it became a Catch-22: give in or give up. But, ultimately Karan Johar managed to get an assurance that ‘Ae Dil hai Mushkil’ would be released as scheduled on 28 October, after the Maharashtra chief...

Movies Hindi
Sony Pictures signs three-film deal with international producers

MUMBAI: Sony Pictures International Productions (SPIP) has inked a deal with Mexico and Los Angeles-based producers Eduardo Cisneros and Jason Shuman. With this multi-picture development, the producers will write and produce three new feature films with the studio.

Movies Hollywood
31st October: Genuine effort wasted

Rather late in the day, 31stOctober is a film about the Sikh genocide of 1984 in Delhi in the aftermath of assassination of the then prime minister of India Indira Gandhi. She was killed by her security guards, who happened to be Sikh. That assassination, again, is attributed to the anger of the...

Movies Hindi
TV premiere of Daniel Craig's 'Spectre' on 23 October

Movies Now is all geared up to air the television premiere of the Daniel Craig starrer James Bond movie Spectre. With Diwali round the corner, the movie will hit the TV screens on 23 October at 1 pm and a repeat telecast at 9 pm.

Movies Hollywood
Jio MAMI: Royal Stag Barrel joins Star to promote short films

The Jio MAMI 18th Mumbai Film Festival with Star has managed to involve Royal Stag Barrel Select Large Short Films to provide a platform within the short films category.

Movies Hindi
India against obstructing Fawad film; Maharashtra assures 'protection'

Even as PEMRA's ban on Indian content looms, the Indian Government has made it clear that it will not create any impediment for the release of producer-director Karan Johar’s 'Ae Dil Hai Mushkil’ starring popular Pakistani actor Fawad Khan, among others.

Movies Hindi
'Thithi' to open Dharmashala fest; to screen 45 features and shorts

A total of 45 features and shorts are to screened at the fifth Dharamshala International Film Festival (DIFF) to be held from 3 to 6 November.

Movies Hindi
New films: The business of a few lakhs

The dull pre-Diwali period has taken its toll. The films released recently as well as last Friday have fallen like nine pins. Some of these have been forced to commit hara-kiri as they would not be able to get playtime at the cinemas in peak period when the flow of star cast films is regular. The...

Movies Hindi

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories