NEP Group acquires 3 companies as it moves into virtual film production

NEP Group puts cool images up on concert screens and other displays. And today the company is acquiring three companies as part of a push into virtual production for films, TV, and interactive exhibits.

The Pittsburgh-based NEP has created a new division, NEP Virtual Studios, which includes the acquired companies — Prysm Collective, Lux Machina and Halon Entertainment. This is a good thing for Epic Games, the maker of the Unreal Engine, which has expanded as tool beyond games to filmmaking.