OWC 12.4

Montreal’s Real by Fake acquires LA’s Local Hero

Montréal-based post company Real by Fake has acquired Santa Monica’s Local Hero, whose credits include Mr. Robot, Captain Fantastic and Pitch Perfect. The acquisition creates an international post production and VFX entity that gives Real by Fake (C.R.A.Z.Y., Café de Flore, Dallas Buyers Club, Wild, Demolition) a significant presence in the Los Angeles area, while also bringing Local Hero’s established brand to Montréal. The two companies recently collaborated on all post and VFX for HBO’s popular limited series Big Little Lies and Sharp Objects. Check out our coverage of Sharp Objects here.

The companies will offer a full suite of services in both Montréal and Los Angeles, including: workflow consulting and look development; film and television tax credit-claiming services in Québec, California and Georgia; dailies; VFX; editorial suites; digital intermediates; full sound packages; mastering and deliverables (including 4K, VR and Dolby Vision HDR).

The companies will retain the Real by Fake brand for VFX and the Local Hero brand for all other post services. Marc Côté will continue to serve as the president of Real by Fake and run all Canadian operations. Steve Bannerman will continue as CEO of Local Hero and run all US operations. Leandro Marini will continue to manage all Local Hero creative services and customer support.

“I have collaborated closely with Marc Côté and Real by Fake on many projects, and they have become the trusted producing and post production partner for all my projects,” says director EP Jean-Marc Vallée. “I witnessed the teamwork between Real by Fake and Local Hero first-hand while working on Big Little Lies and Sharp Objects.”

“This acquisition is perfect for Local Hero for several reasons,” according to Steve Bannerman, CEO of Local Hero. “First, if gives us significant scale. Many of our best clients, like Lynette Howell and Matt Ross, are now taking on some of the biggest projects in Hollywood, and we need scale to work on those projects — particularly in VFX. We now have that. We can also offer our clients access to the lucrative tax incentives in Montreal and Georgia, so they can allocate more of their budget above the line. This is a crucial component in getting any project made in today’s climate. And, lastly, we get a fantastic partner in Marc Côté, and the team at Real by Fake. Marc brings a tremendous amount of cutting-edge VFX producing and on-set technical skill to the company. As more of our business trends toward VFX, this expertise is crucial in winning the big projects, while efficiently managing their VFX budgets. In short, we now have the complete package — world-class scale, skill and tax incentives.”

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