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The Marvel Cinematic Universe and Marvel Studios have been heavily involved with controversies regarding VFX artists and animations. Well, one VFX company that worked onLife of PiandThe Incredible Hulklater went bankrupt because of the intense rules and regulations of the film-making industry.
Working for the 2012 movieLife of Pi,the VFX company,Rhythm & Hues,went bankrupt due to the intense amount of losses they incurred while working onLife of PiandSnow White and the Huntsmandespite winning an Oscar for the former film!
The VFX Company That Earned An Oscar But Went Bankrupt!
Working on the 2008 MCU movieThe Incredible Hulk,the VFX company Rhythm & Hues often toyed with financial instability. After leaving the MCU project, Rhythm & Hues went to work on the 2012 movieLife of Pi.
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The 2012 film, which was directed by Ang Lee had a great premise with an incredible VFX at hand which even got an Oscar win for the same. However, Rhythm & Hues ended up with one terrible mistake that cost them their entire fortune.
Before starting the work on their movie, Rhythm & Hues fixed a set amount for the animation for the film. As revealed by the bookMCU: The Reign of Marvel Studios,directorAng Leewanted to fix the animation of the tiger during post-production. This led to the VFX company incurring losses of around $1.2 million per month over a period of twenty months! Incurring a loss of roughly $24 to 30 million for the delays, the company was in a financial crisis.
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Rhythm & Hues Earned An Oscar ForLife of Pi
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Earning an Oscar for Best Achievement in Visual Effects in 2013, Rhythm & Hues announced on the stage that they were going bankrupt because of the intensive work they put into the movie. The VFX company also worked for the 2012 filmSnow White and the Huntsmanbut the company wasn’t able to maintain profits.
In early 2020, the VFX company Rhythm & Hues declared bankruptcy and was completely shut down in that year. This seems to be quite a serious problem since Marvel Studios was recently accused of underpaying the VFX workers.
Visarg Acharya
Senior Writer
Articles Published :3263
Visarg Acharya is a Senior Writer at FandomWire, majorly focusing on movies, with over 3000 articles published. He has been an entertainment journalist for the past three years and a copywriter at a corporation. Visarg usually covers news and theories on the MCU and the DCU, with an emphasis on Avengers and Superman; Game of Thrones, and more.A Tarantino fan, Visarg, spends his time critiquing various directors’ filmographies and watching them with curiosity. Medieval fantasy like The Lord of the Rings or sci-fi movies like Interstellar, watching the latest horror movies, and listening to Hans Zimmer become his comfort zone. When idle, he can be found reading fantasy novels with a terrible cup of coffee in hand.
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