|Sent on:||Wednesday, February 29, 2012 8:35 PM|
German visual effects company Pixomondo will open a Baton Rouge studio at Celtic Media Centre in May, company officials and Gov. Bobby Jindal announced this afternoon. The studio is expected to create 75 new direct jobs in film, TV and commercial production work. It will be 12th international studio for Pixomondo, which won an Oscar Sunday night for its work in Hugo. Pixomondo will occupy more than 6,000 square feet at Celtic Media Centre and make an initial capital investment of $1.2 million. The jobs it creates will have average annual salaries of $65,000, plus benefits, and the studio expects to be fully employed by the end of its second year in operation. The state began working with Pixomondo six months ago to gauge the company's interest in establishing a studio that could partner with major movie and TV productions in Baton Rouge and greater Louisiana. The Baton Rouge studio will work with Pixomondo's international locations on major projects that require around-the-clock production across different time zones. Project work will include visual effects for corporate campaigns as well as film and TV productions. Pixomondo is expected to use Louisiana's digital media and film production tax credits, as well as Louisiana Economic Development's FastStart workforce development program.
SOURCE: Greater Baton Rouge Business Report Daily Report 2/29/2012: http://businessreport.com/apps/pbcs.dll/section?category=daily-reportPM&date=20120229