Today, September 21st Digital Domain will be auctioned off to bidders. The attorney for the company, Robert J. Feinstein, said in court yesterday that they will see as many as six bidders in the auction, although none of the bidders were mentioned by name. An opening bid of $15 million will be made by Searchlight Capital.
Digital Domain has made a $17 million investment in the Ender’s Game film. Attorney Josef S. Athanas said in court yesterday that the company’s investment in Ender’s Game may be their most valuable asset. Their investment in the Ender’s Game film will be auctioned off starting tomorrow, as part of Digital Domain as a whole. After the new owner has acquired rights to Digital Domain, the new owner will decide what to do with their Ender’s Game investment. We’ll keep you up to date on today’s proceedings as the information comes in.
The Ender’s Game movie will be released in theaters November 1, 2013.