Fear envelops visual effects biz

Karen Idelson, David S. Cohen writing to variety.com:

The Siggraph computer graphics conference earlier this month should have found the visual-effects biz on top of the world: Visual effects blockbusters and CG-animated family pics dominate the annual box office, and vfx have become the strongest marketing hook for the majors' biggest pictures.

But beneath its justifiable pride, the business is full of fear.

Everyone's feeling squeezed. Vfx companies say the major studios are shaving their margins down to nothing, but fear retaliation if they try to form a trade organization. Artists, who receive no health or retirement benefits, say salaries are falling though demand for their craft increases, but worry that vfx companies would retaliate if they try to unionize.