Director Ang Lee has spoken of his sadness after executives at the Oscar-winning special effects company behind his latest film "Life Of Pi" filed for bankruptcy.
Bosses at Rhythm & Hues are facing a financial crisis and filed for bankruptcy protection last week -- just days after picking up a BAFTA for their work on Lee's adventure drama. The company reportedly fell on hard times after several projects were delayed or cancelled, but Lee is hopeful the team can reach a deal to stop the firm from folding.
"(It's) very sad. I hope they can be saved somehow. My heart goes out to them," Lee told the Hollywood Reporter. The tiger, the water (in 'Life of Pi') -- they did wonderful work. It's very hard for them (visual effects companies) to make money. The research and development is so expensive; that is a big burden for every house. They all have good times and hard times, and in the tough times, some may not survive."
The Rhythm & Hues effects team is also behind two other Oscar contenders, "Django Unchained" and "Snow White and the Huntsman," and has previously worked on "The Hunger Games," "X-Men: First Class," "The Golden Compass," and "Happy Feet."