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The business of visual effects is constantly evolving, and right now we're witnessing what 20-year industry veteran Joseph Bell calls a "market correction" rather than just post-strike recovery. In this eye-opening conversation, Joseph draws on his experience at ILM, Lucasfilm, FuseFX, and Technicolor to provide a nuanced perspective on where the industry stands and where it's heading.
That unprecedented content boom of 2022? It wasn't sustainable. Major studios like Disney have scaled back production by roughly 40%, and while that feels like a dramatic drop, Joseph explains we're actually returning to pre-pandemic production levels. Meanwhile, the global landscape of VFX production continues to shift dramatically, with tax incentives driving work to Australia, the UK, and France, while places like Quebec face devastating cuts after incentive reductions.
Joseph's VFX World Atlas project (available free at vfxatlas.com) reveals fascinating data points, like how 92% of rotoscoping work now happens in India, along with 50% of creature technical director positions. For independent filmmakers, this changing landscape creates both challenges and opportunities.
The conversation tackles AI's role in visual effects with refreshing clarity - distinguishing between generative AI's limitations for "final pixel" work and machine learning's practical applications in accelerating specific pipeline tasks. As Joseph notes, directors like James Cameron aren't looking for tools that get them "95% there" - they need precise control over every element.
Whether you're planning your first VFX-heavy project or navigating industry shifts as a professional, Joseph's advice to "make friends with VFX early" could save your production thousands. A VFX supervisor who spots potential issues before shooting typically costs the equivalent of just 1-3 VFX shots - making early consultation one of the smartest investments for any production.
Ready to navigate the evolving world of visual effects? Connect with Joseph Bell on LinkedIn to learn more about his consulting work and industry insights.

Hosted by Foxtrot X-Ray’s founder and “chief pixel pusher” Paul DeNigris, who brings to the conversation 30 years of experience in both independent filmmaking and visual effects, as well as 20 years of experience in teaching all aspects of digital filmmaking at the university level.
For episodes, transcripts, and more, visit http://vfxforindies.com
For more information about what Foxtrot X-Ray can do for your film, visit https://foxtrotxray.com