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  • Digital Domain (DDMG -5.3%), crushed on Wednesday after defaulting on its debt, is unveiling a major restructuring. Chairman/CEO John Textor has resigned from all positions with the company, and DDMG plans to shut down its Port St. Lucie, FL special-effects studio, which only in June got a very favorable newspaper write-up. The company's California and Vancouver studios will keep running. [View news story]
    I'm not sure if this is good or bad. Probably, in the long term, a good thing.
    Sep 7 02:13 PM | Likes Like |Link to Comment
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