‘Lord of the Rings,’ ‘Avatar’ VFX House Weta FX to Invest in Taiwan’s Moonshine Studio Under AI Pact With TAICCA

By Naman Ramachandran

Naman Ramachandran

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Weta FX, the New Zealand visual effects company behind “The Lord of the Rings” and “Avatar,” will invest in Taiwanese animation and VFX outfit Moonshine Studio.

The investment is part of a partnership with the Taiwan Creative Content Agency (TAICCA) aimed at making Taiwan an AI hub for Asia’s content industries.

Weta FX CEO Daniel Seah and TAICCA chair Sue Wang signed a memorandum of understanding on Friday at Taiwan Creative Content Fest (TCCF) in Taipei. Taiwan’s Minister of Culture Li Yuan attended the signing. No figure was given for the investment.

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