Digital Domain expands global footprint in china

LOS ANGELES--(BUSINESS WIRE)--Digital Domain, one of the largest and most innovative providers of visual effects and immersive experiences, today announced further global expansion with a Beijing studio opening, three additional board members and the appointment of Frank Ming Wei as Executive Director, Vice Chairman and CEO of Greater China.The new board members include non-executive directors Pu Jian, executive director, vice president, and member of the Executive Committee of CITIC Limited, and Alan Song, Ph.D., managing partner of SoftBank China Ventures Capital. John Lagerling, former vice president of business development for mobile and product partnerships at Facebook and current executive director and chief business officer of Mercari, Inc., is appointed as an independent non-executive director.Wei comes to Digital Domain from Youku Tudou, Inc., one of China’s top online video and streaming platforms, where he was the president of Youku.com. He held various positions at the company since 2007, including senior vice president, vice president and assistant to the CEO. Previously, he worked as a sales director for Focus.cn, a leading real estate website in China.

With the opening of a Beijing location, Digital Domain’s global presence now operates in Los Angeles, Portland, New York City, Vancouver, London, Hong Kong, Shanghai and Taipei.

On the development strategy for Digital Domain, Daniel Seah, executive director and CEO, Digital Domain Holdings Limited (DDHL) said, “Digital Domain has 24 years of history in Hollywood. Leveraging our heritage, we have successfully transformed this traditional visual effects studio into a leading international enterprise. We have successfully tapped global markets with our proprietary visual effects and VR technology, especially the Greater China market. We are honored to welcome international business elites like Jian, Dr. Song and Lagerling as Board members. With their international vision and resources, we are confident that they will be able to lead Digital Domain to reach new heights. We are also very pleased to have invited Frank Ming Wei to join us as CEO of Greater China, which will greatly empower our management team. With his professional knowledge and industry experience, he will have new perspectives to offer in terms of management and operation.”

This announcement marks another major step forward for Digital Domain as a global transportive experiences company. For more information, please visit www.digitaldomain.com.

About Digital Domain

Digital Domain creates transportive experiences that entertain, inform and inspire. The company is a pioneer in many fields, including visual effects, live streaming landmark events in 360° virtual reality, building situational awareness applications, creating “virtual humans” for use in films and live events, and developing interactive content. A creative force in visual effects and media applications, Digital Domain and its predecessor entities have brought artistry and technology to hundreds of motion pictures, commercials, video games, music videos and virtual reality experiences. Its groundbreaking visual effects appear in films such as "Titanic," "The Curious Case of Benjamin Button" and recent blockbusters "Furious 7" and "Deadpool." Staff artists have won more than 100 major awards, including Academy Awards, Clios, BAFTA awards and Cannes Lions. Digital Domain has offices in Los Angeles, Vancouver, Beijing, Shanghai, Taipei and Hong Kong. Digital Domain Holdings Limited (www.ddhl.com) is listed on the Hong Kong Stock Exchange (stock code 547). www.digitaldomain.com