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Visual effects titan Digital Domain aims for global lead in virtual reality content, services

July 6th 2017

Digital Domain Holdings, operator of the world’s largest independent visual-effects studio, plans to sharpen its focus on virtual reality technology initiatives after beefing up its senior management and recently raising fresh funding.

“We are strongly focused on developing our business model of technology-plus-entertainment in the virtual reality industry,” Peter Chou, the chairman of Hong Kong-listed Digital Domain, told a press conference on Wednesday.

The company expects to bolster that effort with the help of new high-level recruits to its board of directors. These are: Wei Ming, the former general manager of Alibaba Group Holdings’ digital entertainment business unit; Pu Jian, a vice-president at mainland Chinese conglomerate Citic; Alan Song Anlan, the managing partner at SoftBank China Venture Capital; and John Lagerling, the former vice-president of business development for mobile and product partnerships at Facebook.

Source: SCMP