Giant Studios To Close After Selling 'Avatar' Technology To James Cameron

Atlanta-based Giant Studios has sold the proprietary performance-capture technology used in Avatar, the Lord Of The Rings trilogy and The Polar Express to James Cameron and Jon Landau’s Santa Monica-based Lightstorm Entertainment and will shutter soon after 15 years in operation. Giant’s research and development team will continue to develop the technology under Lightstorm’s purview as Cameron dives into production on Avatar 2, 3, and 4, the company announced. “The…