Weta FX is a privately owned company headquartered in New Zealand, with approximately 1400 employees. The company offers solutions for visual effects and animation in the world of digital entertainment.
On September 17, 2026, Weta FX announced its technologists would join a high-profile panel on artificial intelligence at the Creative Asia program, scheduled for October 10 in Busan. The program, organized by Netflix and the Busan International Film Festival, aims to connect emerging creators directly with Netflix content executives. Previously, on September 8, 2026, the digital effects company reported a $52 million loss for 2023, indicating its return to profitability is now anticipated in the medium term. This marked a third consecutive year of narrowing losses. Weta FX's revenue remained flat, with $437 million reported in 2023 and $464 million in 2026. The company expects lower profits in coming years due to ongoing industry challenges and consequently wrote down $15 million in future tax savings. Sir Peter Jackson and Dame Fran Walsh maintain a 60% majority shareholding in the company, which created visual effects for films such as *Avatar*.
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