Regina’s LED Volume Wall to Depart Saskatchewan After Just Months of Operation: Shocking Industry Impact!
2024-11-29
Author: Olivia
Introduction
In a stunning turn of events, Saskatchewan's foray into cutting-edge film technology is set to come to a premature halt. Less than a year after the launch of North America's second largest LED volume wall in Regina, the equipment is preparing for its final exit from the province.
Overview of the LED Volume Wall
Developed by Volume Global, a company that specializes in innovative film production solutions, the impressive LED volume wall was unveiled in March 2024 at the John Hopkins Regina Soundstage. This state-of-the-art setup, measuring a staggering 28 feet by 85 feet, serves as a transformative tool that blends digital cinematography with advanced gaming engine technology, pushing the boundaries of what is possible in filmmaking.
Reasons for Departure
However, just as the excitement was building, the news broke that Volume Global will be leaving Saskatchewan following the completion of two upcoming films scheduled for 2025. According to a post from one of the company's owners on social media, the decision comes on the heels of unresolved discrepancies with the provincial grant system that initially attracted them to the region.
Economic Contributions
The LED volume wall has already made significant contributions to local film productions, including the movies "#VanLife" and "Hostile Takeover." With a hefty price tag of $12.5 million, the technology has aided in generating substantial economic returns; Saskatchewan's government invested $3.3 million into "Hostile Takeover," which is projected to generate an estimated $14 million in economic spinoffs for the province.
Support and Negotiations
Despite the promising beginnings, Volume Global expressed dissatisfaction with the support they received from the province. In their social media explanation, they indicated that the "drawn down schedule" on their production grants differed markedly from those provided to other films in the region. Moving forward, they hope to negotiate a more equitable 80/20 grant deal akin to what other productions in Saskatchewan have enjoyed, as well as enhanced opportunities for hiring local film crew and casting actors from the province.
Industry Impact
In response to the departure announcement, the Saskatchewan Media Production Industry Association (SMPIA) acknowledged the significant impact Volume Global had during their tenure, citing that their operations not only created jobs for 323 individuals but also generated an impressive economic impact of approximately $32.5 million in the community. Nevertheless, the SMPIA reassured that the exit of Volume Global would not diminish the vitality of Saskatchewan's film industry.
Future Outlook
“The film industry here is vibrant and diverse,” said a representative of SMPIA, emphasizing that while LED volume walls are a valuable asset, they are simply one of many tools utilized in the filmmaking process. The organization is optimistic that various other productions will seize the opportunity to book the John Hopkins Regina Soundstage, ensuring that the province remains an attractive location for film and television projects.
Conclusion
As the province looks toward the future, the departure of such advanced technology may open the floodgates for other innovative productions and creative initiatives, marking a new chapter in Saskatchewan's film landscape. Stay tuned as we cover the developments of this unfolding story!