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Qatar Lures VFX Giant Company 3 with New Rebates
22 Nov
Summary
- Company 3 will establish a post-production and VFX studio in Doha.
- A new untethered post-production rebate is launching in Qatar.
- The move follows discussions initiated two years ago by Sheikha Mayassa.
L.A.-based visual effects giant Company 3 is expanding its operations to Doha, Qatar, as announced by the Film Committee at Media City Qatar. This strategic move aims to establish a high-end post-production and visual effects studio within the next six months, fostering Qatar's ambition to become a leading hub for the Middle East and Africa's creative industries.
The partnership involves Company 3 providing technical and creative guidance, supported by the Film Committee's funding framework. This expansion is notably timed with the upcoming launch of a new, untethered post-production rebate, which will be accessible regardless of whether a production is shooting in Qatar, making it highly competitive globally.
Company 3's founder, Stefan Sonnenfeld, highlighted that discussions for this venture began two years prior, driven by Sheikha Mayassa's vision to position Qatar as a cultural and creative center. Sonnenfeld expressed enthusiasm for Qatar's young population eager to tell global stories, emphasizing Company 3's role in this burgeoning industry and their collaboration on crafting this attractive rebate program.
