The lender takeover and emergency management decisions produced one of the most visible casualties: the company’s ambitious Tradition Studios animation campus in Port St. Lucie. Despite moving into a 115,000‑square‑foot facility in January 2012 and recruiting nearly 300 newly trained artists (including hires like Aaron Blaise and Brad Lewis for planned features), an interim chief operating officer installed by the lenders closed the studio on September 7, 2012. Chairman John Textor resigned in protest, calling the shuttering a profound disagreement over how the crisis was being handled. DDMG filed for Chapter 11 protection on September 11, 2012; at auction later that month the operating VFX business was sold to a venture led by Beijing Galloping Horse America in partnership with Reliance MediaWorks, and the Florida operations were effectively left behind.
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AI concept artworkArchive Record · 2010s
The forced closure of Tradition Studios in Port St. Lucie and the bitter legal aftermath
Digital Domain / Tradition Studios (Port St. Lucie, Florida) / 2010s
The lender takeover and emergency management decisions produced one of the most visible casualties: the company’s ambitious Tradition Studios animation campus in Port St. Lucie. Despite moving into a 115,000‑square‑foot facility in January 2012 and recruiting nearly 300 newly trained artists (including hires like Aaron Blaise and Brad Lewis for planned features), an interim chief operating officer installed by the lenders closed the studio on September 7, 2012. Chairman John Textor resigned in protest, calling the shuttering a profound disagreement over how the crisis was being handled. DDMG filed for Chapter 11 protection on September 11, 2012; at auction later that month the operating VFX business was sold to a venture led by Beijing Galloping Horse America in partnership with Reliance MediaWorks, and the Florida operations were effectively left behind.
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