Visual effects studio Digital Domain 3.0 promoted CEO Daniel Seah to Executive Director and CEO of parent company Digital Domain Holdings Limited on Thursday.
The new title is a show of confidence in Seah’s commitment to the company’s future. In his new role, he will have the authority to broker major strategic partnerships including new media ventures, movie productions, co-productions and intellectual property. He will continue to work with artists at Digital Domain 3.0.
“In the time I’ve known Daniel, I can say he is dedicated and tirelessly creative,” said Stan Lee, comic book legend and founder of POW! Entertainment. “He’s always looking for the next big idea and new ventures for Digital Domain. With this new role and his leadership, I see a bright, innovative and exciting future.”
After Digital Domain emerged from bankruptcy in 2012, Galloping Horse bought it for $30.2 million. In 2013, the Oscar-winning VFX company behind “Titanic” and “The Curious Case of Benjamin Button” was purchased by Hong Kong-based Sun Innovation as part of the technology company’s $50.5 million deal to Galloping Horse. Reliance MediaWorks bought a minority stake in Digital Domain and continues to control 30 percent of the company.
“Daniel has shown a keen ability to identify new business channels and creative opportunities for the talented artists at Digital Domain 3.0,” Digital Domain Holdings Chairman Jian Zhou said. “His experience in the entertainment industry combined with his extensive business background make him a unique talent. We are fortunate to have Daniel to lead our team.”
Under Seah’s stewardship, the company has completed work on box office successes “Maleficent” and the co-production of “Ender’s Game” as well as high-profile clients United, Kia, Nissan and the video games “Destiny,” “Assassin’s Creed” and “Halo.”
“I am honored by the Board’s faith in me for this new challenge,” said Seah, who took over as CEO at Digital Domain 3.0 in July 2013. “My new position at Digital Domain Holdings should give me and Digital Domain 3.0 greater flexibility and reach in establishing new business in emerging markets as well as working more collaboratively with filmmakers and studios on co-productions, new media ventures and much more.”