Disney Seeks to Protect Right to Create 3D Movies in Digital Domain Bankruptcy

The Hollywood Reporter reports that before Digital Domain debtors are allowed to auction important patents relating to a 3D conversion process, Disney demands assurance that it will continue to have license on 3D movies.

The Walt Disney Co. is a tad worried that it might lose the right to distribute films including Tron: Legacy and Alice in Wonderland that incorporate 3D VFX.

That concern, as well as a fear that it might be hampered in its ability to create new 3D films, was expressed in the ongoing bankruptcy proceeding of Digital Domain Media Group, which sold most of its assets to Galloping Horse America and Reliance MediaWorks in September after filing for bankruptcy.

More at http://www.hollywoodreporter.com/thr-esq/disney-seeks-protect-right-create-398283

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