Digital Domain To Go Public?

Thursday, December 20th, 2007 10:14PM CST

Categories: Movie Related News, Company News, Digital Media News
Posted by: Raymond T. Views: 79,787

Topic Options: View Discussion · Sign in or Join to reply

An article on CNN Money appeared about Digital Domain, one of the special effects houses responsible for the digital effects on Michael Bay's Transformers movie. According to the article the company plans to go IPO (Initial Public Offering, a first time offering to sell public stock) on Wall Street.

The article goes in depth about the decision, and wonders if this is a smart move for the company at this time. Explaining that while company is growing, so are their losses. If the company does not pull through after selling stock, it might mean the end for Digital Domain. What impact this might have on future projects, including future Transformers movies is not known at this time.

Credit(s): www.cnnmoney.com

News Search

Got Transformers News? Let us know here!

Most Recent Transformers News

First Look at Upcoming Hot Wheels Bumblebee and Optimus Prime

Posted 18 hours ago

Two Additional Anniversary Pack Listing Leaked for Revenge of the Fallen Autobots and G1 Decepticons

Posted 2 days ago

Click here to post your comment about this news story!

Re: Digital Domain To Go Public? (591862)
Posted by SpacerAM2 on January 2nd, 2008 @ 5:10pm CST

It doesn't surprise me that hardly anyone wants to pay full price to watch it. Besides it is no crime to watch. They even show newly released dvd movie titles on the tv screens on Circuit City or other electronic stores. But selling pirated copies that is a no - no. If you don't want to end up in jail and pay a huge fine later. Yikes!

Re: Digital Domain To Go Public? (591880)
Posted by Burn on January 2nd, 2008 @ 5:23pm CST

Bring on the haters ... :roll:

Re: Digital Domain To Go Public? (591881)
Posted by TheMuffin on January 2nd, 2008 @ 5:24pm CST

SpacerAM2 wrote:Besides it is no crime to watch. They even show newly released dvd movie titles on the tv screens on Circuit City or other electronic stores.

Um. Yes it is. It is against the law to pirate media and software. Whether you be uploading it or downloading it, it's still illegal.

And showing new movies at Circuit City is not the same. The company has paid to have those movies in the store. Try sitting in front of one of those TV's for 2 hours and $5 says some nice fellows will escort you either to a different section or out of the store entirely. Not because you didn't pay but because you're loitering.

Re: Digital Domain To Go Public? (591882)
Posted by Cumulus on January 2nd, 2008 @ 5:24pm CST

Its a sad, sad reality. From personal experience just buying something over ebay or where ever, you really don't know what your getting until you get it. Paid 50 bucks for a DVD set only to find out it was pirated. All in all, you may not be the one downloading but unknowingly paying for something that was pirated makes you a victim.

Re: Digital Domain To Go Public? (591892)
Posted by Talous on January 2nd, 2008 @ 5:31pm CST

Is this any surprise to the fandom? The same group that drops hundreds of dollars for prototype figures that 'somehow' got out of the factory, instead of waiting three months to pay ten bucks?

Re: Digital Domain To Go Public? (591906)
Posted by Omega Charge on January 2nd, 2008 @ 5:36pm CST

Talous wrote:Is this any surprise to the fandom? The same group that drops hundreds of dollars for prototype figures that 'somehow' got out of the factory, instead of waiting three months to pay ten bucks?

So true.

Re: Digital Domain To Go Public? (591919)
Posted by fnlrun on January 2nd, 2008 @ 5:48pm CST

I had my copy 3 days before the movie was out :grin:

Gotta love being stationed in Korea

Re: Digital Domain To Go Public? (592004)
Posted by Autobot Jazz on January 2nd, 2008 @ 7:09pm CST

Another record, yes!....I think?

Re: Digital Domain To Go Public? (592055)
Posted by Liege Evilmus on January 2nd, 2008 @ 7:46pm CST

WE WON!!!!!

Hey how pissed do you think tht cell phone chick is reading this!?!

Re: Digital Domain To Go Public? (592109)
Posted by npk on January 2nd, 2008 @ 8:46pm CST

I watched it twice in the theater, one and a half times on the internet, and bought the DVD.
If they want to claim they lost revenue off me, I call bullshit.

Re: Digital Domain To Go Public? (592113)
Posted by 1337W422102 on January 2nd, 2008 @ 8:54pm CST

Meh. Not worth the bandwidth.

Re: Digital Domain To Go Public? (592327)
Posted by Highbeam on January 3rd, 2008 @ 12:53am CST

I actually saw the movie online before I got a chance to go to the theater and see it, saw it about a half dozen times in the theater (including the IMAX), found a dvd rip online and watched that once the movie left the theater, and bought the DVD the day it came out. I don't see a problem with downloading in my own case because I spent plenty of money watching it in the theater over and over, then buying the DVD, lol.

Re: Digital Domain To Go Public? (592401)
Posted by Nemesis Cyberplex on January 3rd, 2008 @ 4:40am CST

And I helped.

....But between watching the movie in theatres twice with my wife & kids, buying the Wal-mart promo DVD set with the second prequel DVD, & then the HD-DVD version, it's not like they didn't make money off of me.

Oh, & I also deleted it off of my hard drive the second I got home with the DVD version.

Re: Digital Domain To Go Public? (592575)
Posted by Chaoslock on January 3rd, 2008 @ 9:57am CST

Knockep Up was the second? Pirates really don't have taste...

Re: Digital Domain To Go Public? (592640)
Posted by muswp1 on January 3rd, 2008 @ 11:04am CST

I'm not suprised at all.

Is this any surprise to the fandom? The same group that drops hundreds of dollars for prototype figures that 'somehow' got out of the factory, instead of waiting three months to pay ten bucks?

This is why I'm not suprised.

Re: Digital Domain To Go Public? (592645)
Posted by First Gen on January 3rd, 2008 @ 11:08am CST

Talous wrote:Is this any surprise to the fandom? The same group that drops hundreds of dollars for prototype figures that 'somehow' got out of the factory, instead of waiting three months to pay ten bucks?

This quote says it all.

Besides, alot of fans (including myself) not only saw the movie multiple times at the theatre, but got one of the many cool DVD releases.

Its safe to say Paramount didn't really lose out on this.

And for the movie to be available by torrent, means an insider leaked it anyway. No one downloads cam movies anymore.

Re: Digital Domain To Go Public? (592755)
Posted by Cascadia on January 3rd, 2008 @ 12:34pm CST

I am not entirely surprised. People sometimes refuse to see a movie in the theaters because they do not want to pay x-amount of currency to see it. Plus, the Internet has made it easy to download movies and/or view movies online before the movie comes out on video. Most people feel that they will not get caught...sometimes they do and other times, they do not. As for me, I saw the movie in theaters about 6 times then waited for it to come out on video before I saw it again.

Re: Digital Domain To Go Public? (592767)
Posted by *AUTOBOT STITH on January 3rd, 2008 @ 12:40pm CST

I did some looking around after I saw the movie in the theater.I went on to youtube to find some tributes ect.And there was the movie well in parts but it was pirated.So I'm not surprised at all.

Re: Digital Domain To Go Public? (592856)
Posted by Highbeam on January 3rd, 2008 @ 1:35pm CST

First Gen wrote:Besides, alot of fans (including myself) not only saw the movie multiple times at the theatre, but got one of the many cool DVD releases.

Or purchased multiple versions of the DVD just for the exclusives

Re: Digital Domain To Go Public? (592880)
Posted by Megatron Wolf on January 3rd, 2008 @ 3:03pm CST

I dont blame people. Its expensive to drive to the movies and then pay between $12-$15 for a ticket. The movie made a shitload of money so people paid to see it as well. Plus im sure at least 20% of that number were us fans who give most of out money to the franchise and didnt feel like spending that money on seeing a movie 5 times. Im just suprised that TF was the most downloaded. I would have thought Pirates would've been seeing as how alot of people said it sucked and not to waste the money to see it. I just want to see what Bay and Paramount have to say about this. If they bitch then that just proves they are idiots.

Re: Digital Domain To Go Public? (592960)
Posted by Grimshock on January 3rd, 2008 @ 5:55pm CST

I really can't blame a lot of people for this one. The movie wasn't worth the ticket price and the DVD is certainly not worth it. Bay didn't care about the fans, so why would the fans give him their money?