Growing Ontario's Digital Media Sector
Province Partnering with Legend 3D, Inc. to Create More Than 270 New Jobs in Toronto
Ontario has partnered with Legend 3D, Inc. to help grow the company's major Canadian studio that creates visual effects for film, television and digital media productions. The company will nearly double its current workforce, creating 271 new jobs and retaining 280 positions in Toronto.
Legend 3D is a global leader in visual effects for movies, television and the virtual reality sector with notable clients such as Sony Pictures, Marvel Studios, Warner Bros., Paramount Pictures and Walt Disney Studios. Its projects include Hollywood blockbusters like Ghostbusters, Fantastic Beasts and Where to Find Them, Doctor Strange, The Amazing Spider-Man and Pirates of the Caribbean: Dead Men Tell No Tales.
With support from Ontario's Jobs and Prosperity Fund, the company is consolidating its operations in the Greater Toronto Area into one centralized office. The funding will support hiring and training employees, as well as research and development and equipment and facility upgrades. The bulk of the 551 jobs will focus on post production, special effects and 2D to 3D conversion, as well as research and development for software. The investment will boost Legend 3D's competitiveness and is in line with the company's global growth expansion initiatives.
Strengthening Ontario's digital media sector is part of our plan to create jobs, grow our economy and help people in their everyday lives.
- Legend 3D is a virtual reality, visual effects and 3D conversion company headquartered in Los Angeles, California. It serves major Hollywood film and television studios and global advertising agencies on projects such as movies, TV shows, commercials, concerts and music videos.
- Ontario is investing up to $3.1 million through the Jobs and Prosperity Fund for this project, supporting an additional investment of more than $27 million from Legend 3D, for a total project value of approximately $31 million. The project is expected to be completed in 2021.
- The Jobs and Prosperity Fund helps secure private sector investment in Ontario, allowing the government to partner with businesses that are creating jobs and enhancing productivity, innovation and exports. Every dollar invested through the fund leverages an average of $9 in private sector investments. Since January 2013, Ontario has announced 22 projects with government commitment totaling approximately $600 million, leveraging more than $4 billion in total eligible investment.
- Jobs and Prosperity Fund projects are responsible for creating and retaining more than 35,000 jobs in Ontario at companies such as Thales Canada in Toronto, Mitsui Hi-Tec Inc. in Brantford, Sandvine Incorporated in Waterloo, Huawei Canada in Ottawa, Markham and Waterloo, Superpufft in Mississauga, A. Lassonde Inc. in Toronto, Toyota in Cambridge and Woodstock, Linamar in Guelph and Polycorp in Elora.
“Our government is thrilled to support Legend 3D’s expansion plans in Ontario. This is a testament to the impressive talent, dynamic business climate and vibrant innovation ecosystem in this province. We are committed to strategic partnerships like this one, which will ensure our robust digital media sector remains globally competitive.”
“Ontario’s digital media sector is growing rapidly and leading edge companies like Legend 3D are at the forefront of the creative economy in the province. This partnership and the jobs it will create will help maintain our position as the top jurisdiction for film and television production in the country.”
“We are pleased to be collaborating with the Ontario government as we continue to grow our international operations. Ontario was a natural choice to continue our expansion due to the top talent, world-class infrastructure and the cutting-edge digital media, film and television sectors located here.”