Mar 6: Double Negative (DNEG), a Prime Focus group company, has bagged the Oscar award for its work on the film ‘Blade Runner 2049.’ The film picked up the Oscar for ‘Visual Effects’ on Monday.
“This is the third Oscar win for DNEG since the merger with Prime Focus and fourth overall – having earlier won Oscars for Interstellar, Ex Machina and Inception. Last week DNEG was honoured with the BAFTA award for ‘Best Special Visual Effects’ for the same film,” the company said in a statement.
Commenting on the win, Namit Malhotra, Founder, Executive Chairman and Global CEO, Prime Focus Ltd, said: “this has been an exceptional few weeks for us. Winning the BAFTA and VES awards and culminating with the Oscar – we couldn’t have asked for more! Our consistent success over the years clearly validates our position at the forefront of the industry. The entire leadership team at DNEG continues to strive to deliver the highest level of quality and to exceed expectations for all our customers.’
Based in Mumbai, Prime Focus Ltd (PFL) is a global leader in media and entertainment services.
PFL shares were trading at Rs 101, up 1.25% from the previous closing of Rs 99.75, on BSE at 11.42 am today.