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Digital production company Digital Domain Media Group (DDMG) and twofour54, the Abu Dhabi government-backed media and entertainment hub, will work together on the the new studio and media school in Abu Dhabi.
DDMG will begin production of visual effects and animation in studios in twofour54 at the beginning of 2013, with plans to recruit and hire staff immediately from local and international talent
pools. Over time the studio will employ upwards of 500 people. DDMG will develop a purpose-built 150,000 square foot (14,000 square meter) state-of-the-art entertainment production complex, which is expected to be operational by the end of 2015.
DDMG Chairman John Textor said: “We are incredibly excited to join twofour54 in building a strong foundation for the filmmaking industry in Abu Dhabi. There is tremendous opportunity to produce original entertainment content for Middle Eastern audiences worldwide, and to bring Hollywood work and our own original productions here as well. Pairing the studio and school enables us to help the Emirate to build a sustainable creative industries base. Abu Dhabi was the natural location for us given its strategic location, modern infrastructure and supportive government. We’re looking forward to grooming up-and-coming Arab filmmakers at a time of such great awakening in this part of the world.”
CEO of twofour54 Noura Al Kaabi said: “Digital Domain represents the next great leap forward for twofour54 and Abu Dhabi – a strong move into digital production and the development of locally created feature films and TV content. The establishment of DDMG in Abu Dhabi is a significant event in the evolution of the media industry in the Middle East. It will provide incredible opportunities for young Arabs to develop skills and careers in an area of the media industry that has simply never existed before in the region.”
For more information, follow the Abu Dhabi film Commission on twitter.