India’s Phantom Digital Effects is bringing together visual effects studios Milk, Lola Post, Tippett Studio, PhantomFX, and SpectrePost together under a new umbrella group called Phantom Media Group.
The launch of Phantom Media Group (PMG) follows the acquisition of UK-based Milk and Lola Post in July 2025 by Phantom Digital Effects, the parent company of PhantomFX.
US-based Tippett was acquired in 2024, the same year that Chennai-headquartered Phantom launched Spectre Post in Bengaluru, India.
As a result, PMG now connects talent across North America, the UK and Europe, and APAC, offering end-to-end creative solutions spanning film, episodic, commercial, and immersive content.
PMG said that each studio will retain its unique creative identity and leadership but benefit from global collaboration, streamlined production pipelines, and shared technological innovation.
“This launch reflects who we are today: a truly global group built on a phenomenal legacy and powered by an incredibly talented team,” said Bejoy Arputharaj, CEO and Founder of PMG and PhantomFX. “Together, we are expanding our capabilities to foster deeper creative partnerships worldwide. This is an exciting new chapter one that reflects our ambitions for the future.”
“PMG brings together the expertise of leading studios into a powerhouse network that combines scale, agility and innovation,” said Ian Unterreiner, Executive Vice President (EVP) of PMG. “By aligning talent, technology, and resources across key regions, we can maintain world-class creative standards and deliver exceptional results for clients around the globe.”
Visual effects firm The Mill was recently relaunched following its April 2025 acquisition by global translation giant TransPerfect. Discover more here.
Trump calls for tax incentive to boost US film and TV shoots
President Trump has called for a federal tax incentive for film and TV productions in a bid to shore up film and TV production in the US.
Vodafone launches TV entertainment hub
Vodafone is to launch Vodafone TV, an entertainment hub offering streaming services, live television, gaming, and music in one place.
 (1) (1).jpg)
TG4 joins EIT Culture & Creativity as cooperation partner
Irish-language public-service broadcaster TG4 has joined EIT Culture & Creativity as a Cooperation Partner, bringing broadcaster expertise and real-world industry perspectives to Europe’s largest innovation network for the cultural and creative industries.
.jpg)
Sky secures planning approval for Livingston Campus
Sky has secured planning permission for its new Livingston Campus in Scotland.
.jpg)
Ready for action: IBC2026 puts sport at the winning end of media innovation
IBC2026 will put sport firmly at the centre of the global media and entertainment technology conversation with the strongest sports showing in the event’s history, bringing together the world’s leading sports organisations, broadcasters, rightsholders, and technology providers at the RAI Amsterdam from 11–14 September 2026.
