Weta Digital, a privately owned company headquartered in New Zealand, was founded in 1993 and employs approximately 620 individuals. The company specializes in media managed services, functioning as an animation and VFX provider.
Weta FX technologists are slated to participate in a high-profile panel on artificial intelligence at the Creative Asia program on October 10 at Dongseo University's Centum Campus, an event co-hosted by Netflix and the Busan International Film Festival. Previously, on September 8, 2026, the digital effects company posted a $52 million loss, with revenue remaining largely flat at $464 million in 2026, up from $437 million in 2023. The company stated it expects lower profits in coming years due to ongoing industry challenges and wrote down the value of its future tax savings by $15 million, pushing the return to profitability to the medium term. Sir Peter Jackson and Dame Fran Walsh hold a majority 60% shareholding in Wētā FX, known for its visual effects work on films such as "Avatar." The company's revenue primarily derives from digital effects work supported by the Government’s Screen Production Rebate scheme, which covers 20% of post-production film work.
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Weta Digital offers products in the media tech industry. Weta Digital's product portfolio comprises of media managed services.
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