Robert Halmi’s Great Point Studios has partnered with Spain’s Grup Mediapro to form Phygital FX offering expansive production services and led by Mediapro veteran Mario Sousa.
Plans are for the joint venture, initially a U.S. project, to expand globally, providing full production services to the film and television industry from stage and studio rentals, to rental equipment including lighting, grip and electric, postproduction services, graphics and virtual production services.
Halmi told Deadline that Phygital has committed over $50 million to acquire state-of-the-art lighting and grip equipment, and set aside 200,000 square feet of space to store it in across Great Point’s growing roster of studio locations.
Lionsgate Studio Yonkers is up and running while still being built out. Great Point now has 63 film stages open or under construction at locations in Yonkers, Atlanta, Buffalo, Newark and Wales.
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