ProLost (http://prolost.blogspot.com/)

That is very sad news. I wish all the great VFX talent the best of luck in finding a new place to call home. Hopefully you will all be adopted soon.

This is sad news. I know them by name and reputation only, but it's sad to see them go.

That's really too bad - I have enjoyed following Stu's blog for the past year or so, and although I am quite literally nobody (yet :D), his blog was largely responsible for me picking up a camcorder and trying to be creative with it.

I am still in shock about this news! This is very sad news and a huge loss for the video and film industry! The Orphanage was a great innovator and resource and will be very much missed.

Would I be correct, that this will not effect the Red Giant software line?....

I had wondered the same thing about Red Giant but since nothing has been mentioned thus far I don't think they are affected in any way. I don't know their complete history, but is Red Giant even affiliated with the Orphanage or did they just buy Magic Bullet from them?

I'm sure whoever developed Magic Bullet will still be available on a freelance basis or form their own company. Reading the blog it seems to me that the company ran into the same problem most video, design companies run into, their employees realize just how much money they can make on their own, when you are that skilled you become your own boss.

What a shame--I really dug their work over the years, including Iron Man, The Host and so many more. I really loved their name, like Like Banned From the Ranch (former visual effects artists looking for a new place to call home).

This stinks, but their animation studio is staying alive (the amazing Genndy Tartakovsky is in the lead, they say). I've heard in the past that VFX companies can be tough to run in any economic client. The company that did the first Matrix's FX went out of business around the time Warner Bros. bought the supervisor and many of his crew into their own in-house FX company.

heath