Pulse Films Founders Sue Vice Media for $20 Million Owed; VFX House Expands

Thomas Benski and Marisa Clifford, co-founders of Pulse Films, are pursuing legal action against Vice Media, seeking over $20 million. The lawsuit stems from the final acquisition of the founders' remaining 22% stake in the production company, which was completed in December 2021. Pulse Films is recognized for its work on the drama series 'Gangs of London.'

According to the founders, the acquisition agreement included a cash payment and a loan, but Vice Media has allegedly failed to fulfill its financial commitments, resulting in a substantial shortfall for Benski and Clifford. This legal dispute adds to Vice Media's challenges, especially following its initial majority acquisition of Pulse Films in 2016. In parallel industry developments, visual effects studio 22Dogs has established its North American headquarters at Pinewood Toronto Studios, marking an expansion from its Milan base and a Los Angeles commercial office.