Weta Digital—the Oscar winning VFX firm founded by director Peter Jackson that is behind titles like Lord of the Rings and Avatar — has a new investor in Napster founder and former Facebook president Sean Parker.
Parker is now a minority equity investor in the New Zealand-based company that is led by senior visual effects supervisor Joe Letteri.
“Sean Parker brings an invaluable expertise that will fortify Weta Digital from a technological perspective, while also focusing on its growth as an industry leader,” said Jackson. “As I have gotten to know him, I have been extremely impressed with his curiosity, intelligence and passion.”
“I've long admired Peter Jackson's and Fran Walsh's work, and the ground-breaking VFX and animation that Weta Digital has created over the last two decades," added Parker. "I look forward to helping grow Weta Digital and I'm excited to partner with Peter, the leadership of Weta, and its incredibly talented team.”