'The Lord of the Rings' director sells most of his visual effects studio for $1.6 billion

"The Lord of the Rings" director Peter Jackson is selling most of his visual effects studio Weta Digital to Unity, which makes dev...

"The Lord of the Rings" director Peter Jackson is selling most of his visual effects studio Weta Digital to Unity, which makes development software for video games, for $1.6 billion.

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