Screentime

Netflix Acquires Visual Effects Studio Amid Production Push

  • Scanline VFX created imagery for hit show ‘Stranger Things’
  • Streaming service leader plans to invest more in the business
Photographer: Gabby Jones/Bloomberg

Netflix Inc., building on its in-house production capabilities, agreed to acquire Scanline VFX, a small visual-effects studio that’s been adding to the imagery of series such as “Stranger Things.”

The plan is to “invest in Scanline’s pipeline, infrastructure and workforce,” Amy Reinhard, vice president of studio operations at Netflix, said in a statement Monday. Financial term weren’t given.