Jellyfish Pictures Suspends Operations & Explores Sale

Jellyfish Pictures Suspends Operations & Explores Sale

Business


The UK has stopped VFX House House Jellyfish Picturs all operations and is currently exploring options for sale or investment on a large scale.

The company issued a statement late yesterday after the news broke out that the company stopped in the local press in India, where the company owns a production group. The statement said that the company was “fiercely fighting against the strong opposite winds over the past twelve months. The long influence of Covid, along with high costs and falling from the writer and actor, had a profound impact on our works.”

The statement said: “In recent months, we were working closely with our main stakeholders to find a path forward, including exploring all options for sale and investment, with the aim of setting a strong financial platform that we can build on.” “While we continue to engage in these discussions and explore our options, today we have taken legal steps to protect the work position while we strive to find a way to move forward.”

The jellyfish was launched for the first time in 2001. The company had credits in many studio projects such as King of Women, Guards, Star Wars: The last seriousAnd One Rug: Star War story Besides titles like Wes Anderson Asteroid and A great story for Henry Shujer. They have worked recently on the next Black mirror The Winslet series series for me. As of June 2024, the company also launched a location outside in Canada alongside the Indian.

Jellyfish is the latest VFX company to stop operations. Last month, Technicolor provided management. The number of international employees of the company was between 4000 and 10,000.



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