BBC Studios is increasing its debt facility by £250M ($318M) — a move that closely follows the acquisition of BritBox International, its biggest ever single transaction.
15.02.2024 - 13:31 / deadline.com
French VFX experts Franck Lambertz and Sophie Leclerc have spent most of their careers working outside of their native France.
Lambertz was with MPC for 18 years, helping to set up its L.A. hub in 2008, followed by Amsterdam in 2013 and Paris in 2015 as well as spending time at its London HQ.
Leclerc worked as a freelance visual effects producer in L.A. for more than two decades for studios including Universal, Warner Bros, Paramount, 20th Century Fox, EuropaCorp and Newline.
The pair have recently returned to France to co-head the new Paris studio of leading Montreal-based VFX firm Rodeo FX, the credits of which include Stranger Things, The Witcher, The Lord of The Rings: The Rings of Power, John Wick: Chapter 4, Dune and Blue Beetle, Monarch: Legacy of Monsters, and Zack Snyder’s Rebel.
The Paris studio marks the first French hub for Rodeo FX, which now employs around 900 VFX artists across five sites also based in Montreal, Quebec City, Toronto and L.A.
Lambertz and Leclerc are among a growing number of French visual effects professionals returning home as the country’s VFX sector scales up.
This growth is thanks in large part to the introduction in 2020 of a 10% bonus on the basic 30% Tax Rebate for International Production for incoming productions which also do VFX work in France as well as increased investment in infrastructure and training under the country’s Great Image Factory initiative.
“When you do at least two million euros ($2.1M) worth of special effects in France you get a 40% rebate on your entire eligible spend. There are more and more companies looking towards France to both shoot and do post-production,” says Leclerc.
Lambertz suggests this has created a virtuous circle under which more local
BBC Studios is increasing its debt facility by £250M ($318M) — a move that closely follows the acquisition of BritBox International, its biggest ever single transaction.
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