Southbay specializes in 3D conversion, VFX and post-production for film and TV, and has offices in Los Angeles and in Hangzhou and Shaoxing in China. EuropaCorp is one of Southbay’s clients, along with The Walt Disney Company, Marvel, Warner Bros., Paramount and Dreamworks, among others.
Southbay has worked on various films directed and/or produced by Besson, notably “Valerian: City of a Thousand Planets,” “Lucy,” “Transporter Refueled,” “Taken 3” and “The Warrior’s Gate.” The company’s recent credits also include “Guardians of the Galaxy: Vol. 2,” “King Arthur,” “Spider-Man: Homecoming” and “Hunger Games: Mockingjay Part 2.”
The move to sell off Digital Factory comes as EuropaCorp tries to recover from a series of disappointing performances at the box office and to ease its massive debt burden,