Scanline has offices in Montreal, Los Angeles, London, Seoul, and German cities Munich and Stuttgart in addition to Vancouver

Netflix to acquire visual effects Germany-based company Scanline VFX as it ramps up production in Europe and Asia. Founded in 1989, Scanline VFX is one of the most creative and innovative VFX studios in the world for an undisclosed amount as the content streaming giant pushes for more in-house production. The deal is expected to end by the first quarter of 2022.

Netflix plans to acquire Scanline VFX
Netflix plans to acquire Scanline VFX

The company is famous for some outstanding work on several Netflix originals, including ‘Stranger Things’, ‘Blood Red Sky’ and ‘Cowboy Bebop’, among others. Scanline has done groundbreaking work on everything from ‘Game of Thrones’ to ‘Godzilla vs Kong’ and ‘Justice League’.

Netflix said it will invest in Scanline’s pipeline, infrastructure, and workforce and continue to support the pioneering work that Scanline’s Eyeline Studios is doing in virtual production to push the boundaries of what is visibly possible. The company will still operate as a standalone business and work with their variety of clients, Netflix said

Netflix is facing increasing competition from competitive services such as Disney + and HBO Max. It has invested in expanding its library of non-English programming, shows featuring talent from under-represented communities and programming that will resonate with audiences around the world.