The need to build a transparent and process-controlled culture of investment in the entertainment industry and look for innovative ways for financing the industry was underscored here today by investment bankers and film financing consultants at FICCI FRAMES 2011.

Mr. Ashok Wadhwa, Group CEO, Ambit, a financial services provider, pointed out that the entertainment industry attracts an immense amount of passion and interest offers huge opportunities. Yet, the industry is starved of capital. Budget after budget has gone by without any significant incentive or concession from the government. To the leave the industry unattended, to fend for itself smacks of partiality against it and in favour of other government-supported sectors.

Mothership and Digital Domain among major Hollywood players brought together for Guerilla Game's first-person shooter for PlayStation 3

Digital Domain's hybrid production company Mothership was tapped by Guerilla Games to create an immersive science fiction universe for the latest installment of its marquee game franchise, Killzone 3, released Feb. 22, 2011. The bone chilling two-minute opening cinematic directed by Mothership's Vernon Wilbert features an alternate world faced with a Third Reich-style dictatorship as it brings Killzone players up to speed on the plotline since Killzone 2.

Guerilla Games reached out to major Hollywood talent to create the title, including Wilbert, who recently helmed the TRON: Evolution game teaser, as well as the original teaser for the TRON: Legacy movie that kicked off the film's marketing at Comic-Con in 2008. For Killzone 3, Wilbert once again worked with his visual effects team at Academy Award-winning digital studio Digital Domain, the lead FX house on TRON: Legacy.