
'The Lord of the Rings' director sells most of his visual effects studio for $1.6 billion
CNN
"The Lord of the Rings" director Peter Jackson is selling most of his visual effects studio Weta Digital to Unity, which makes development software for video games, for $1.6 billion.
The cash-and-stock deal will see the American platform acquire Weta Digital's "tools, pipeline, technology, and engineering talent," the companies said in a statement on Tuesday.
"This acquisition is designed to put Weta's incredibly exclusive and sophisticated visual effects tools into the hands of millions of creators and artists around the world," the statement said.

One year ago this week, Joe Biden was president. I was in Doha, Qatar, negotiating with Israel and Hamas to finalize a ceasefire and hostage release deal. The incoming Trump team worked closely with us, a rare display of nonpartisanship to free hostages and end a war. It feels like a decade ago. A lot can happen in a year, as 2025 has shown.












