Sean Parker Invests in Weta Digital

Sean Parker Invests in Weta Digital

Entrepreneur Sean Parker has decided to invest in Peter Jackson’s Weta Digital VFX company. The announcement was made today, but little is known of the number here or the role Parker will play.

“I’ve long admired Peter Jackson’s and Fran Walsh’s work, and the ground-breaking VFX and animation that Weta Digital has created over the last two decades,” Parker stated. “The visionary leadership, imagination, and technical expertise of Weta Digital was vital to the creation of Academy Award winning films such as ‘Avatar,’ ‘King Kong,’ and ‘Lord of the Ring.’ I look forward to helping grow Weta Digital and I’m excited to partner with Peter, the leadership of Weta, and its incredibly talented team.”

“Sean Parker brings an invaluable expertise that will fortify Weta Digital from a technological perspective, while also focusing on its growth as an industry leader. As I have gotten to know him, I have been extremely impressed with his curiosity, intelligence and passion,” Jackson said.

Weta was originally founded in 1993 in Wellington, New Zealand to create special effects for Jackson’s “Heavenly Creatures.” Since then, the studio received six visual effects Academy Awards, 10 Academy Sci-Tech Awards and six visual effects BAFTA Awards.

As for Parker, he was the co-founder of Napster at age 19. Then, in 2004, he teamed up with Mark Zuckerberg to develop Facebook and served as Facebook’s founding president. What is more, he is the founder and president of the Parker Foundation.

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