Hollywood acquires Rising Sun Pictures
South Australian Visual FX company sells to FuseFX.
South Australian Visual FX company Rising Sun Pictures, has been acquired by FuseFX, a visual effects company owned by EagleTree Capital with studios in Los Angeles, New York, Atlanta, Vancouver, Montréal, Toronto, and Bogotá.
Over its 25-year history, RSP has established itself as one of the world’s elite visual effects studios. Founded in 1995 by Tony Clark, Gail Fuller, and Wayne Lewis, Rising Sun Pictures credits include Game of Thrones, Mortal Kombat, Thor: Ragnarok and Chinese blockbuster The Eight Hundred.
RSP Co-Founder Tony Clark will continue to lead the studio and operate under the Rising Sun Pictures brand.
“Tony, Gail, Wayne and the entire team at Rising Sun Pictures have created one of the most well-established and respected independent studios in the world,” said David Altenau, Founder and CEO of FuseFX. “Their commitment to delivering the highest quality art and service to their clients has helped make them an icon in the visual effects industry. Their previous work and position in the industry make them a fantastic partner for FuseFX.”
RSP Managing Director, Tony Clark, shared, “We’re very excited to be partnering with FuseFX, which comes at an ideal time as we grow to meet the demand over the coming years. Our vision for Rising Sun Pictures is to be a cornerstone component of the next generation global full-service visual effects company, and with the FuseFX partnership, we can achieve this vision to ensure that we stay at the forefront of visual effects production and remain a trusted creative partner to our clients.”
Clark added, “I’d sincerely like to thank my fellow founders and shareholders for the last 25 years. We have all been crucial to the success of RSP, culminating at this pivotal moment in time. RSP will embark on an expansion plan over the next few years, and we’re grateful to be partnering with David Altenau and the team at FuseFX to help fully realise RSP’s potential.”
South Australian Minister for Innovation and Skills, David Pisoni said, “South Australia is enjoying a golden age in the production of film, television and streaming services, and the decision by FuseFX to invest in Adelaide vindicates the Marshall Government’s ambitious strategy. ”
Clark offered, “The state government has been incredibly supportive of RSP and the creative industries in South Australia. The incentives on offer, in combination with federal incentives, mean that South Australia is a prime destination for visual effects production and will continue to be for years to come.”