Studio Mir Spins Off 3D R&D Division... "Investment in Mid- to Long-Term Vision"

Studio Mir is promoting the physical division of its internal research and development (R&D) department to strengthen its expertise in 3D (3 Dimension) animation content.

On the 11th, Studio Mir announced that it had completed a board resolution on the agenda for the physical division of the in-house 3D R&D business unit, which will become the main entity of the specialized 3D animation content subsidiary, ‘Studio Mir CGI.’ Kwon Jae-hyun, who has served as Studio Mir’s CFO (Chief Financial Officer), will be appointed as the CEO of the subsidiary Studio Mir CGI.

The company plans to convene an extraordinary general meeting of shareholders soon to vote on the establishment of ‘Studio Mir CGI’ through this physical division. They also plan to announce the business vision for this project.

Studio Mir cited the steep growth of the 3D content market as the background for this physical division. To respond to the rapidly growing market share, the company will split the 3D R&D business unit, which had been involved in supporting the production of hybrid 2D·3D animation. The strategy is to support independent growth from a mid- to long-term vision perspective.

Kwon Jae-hyun, Studio Mir’s CFO, said, “The 3D animation business sector, which requires specialized personnel and infrastructure such as modeling, rendering, motion graphics, and visual effects technology, has seen the number of in-house staff nearly triple due to the recent expansion in content demand. We judged that it is time to support independent growth.” He added, “Through the physical division, we aim to improve management efficiency by establishing an independent organizational system separate from the 2D-based parent company, and ultimately build a sales base in the specialized 3D content field by preparing our own revenue model.”

As Korea’s No. 1 comprehensive animation production company, Studio Mir has continuously demonstrated its business competitiveness through collaborations with various global OTT platforms, including Netflix. This year, it has consecutively released major animations such as the Star Wars Visions series, Devil May Cry, and the full CGI animation ‘Babylon 5: The Road Home.’

This content was produced with the assistance of AI translation services.