Titanic - Hollywood Special Effects Company Goes Bust
The special effects company behind Titanic, Transformers and Pirates Of The Caribbean: At World's End has gone bust.
Bosses of Digital Domain, which was co-founded by Titanic director James Cameron and legendary effects guru Stan Winston, filed for bankruptcy on Tuesday (11Sep12).
The company was also responsible for masterminding the pioneering Tupac Shakur hologram at California's Coachella music festival in April (12) and the move scuppers plans to follow-up the headline-grabbing stunt with a 3D image of Elvis Presley.
Digital Domain, which also provided Oscar-winning effects for The Curious Case of Benjamin Button, has racked up debts of $214 million (£133 million).