Sean Parker tips more capital into Weta Digital

Sean Parker tips more capital into Weta Digital
Silicon Valley billionaire Sean Parker now owns a quarter of Weta Digital.
Paul McBeth
US billionaire Sean Parker has lifted his stake in Weta Digital to 25.7% in the second investment round earmarked for the visual effects firm’s burgeoning animation business and to help blunt the edges of the covid-19 pandemic.Filings to the Companies Office show Parker’s Weta Holdings LLC entity was issued 5.6 million shares on April 30, taking his holding to 13.9m shares, or 25.7% of Weta Digital.That matches the size of the second round of investment flagged in his application to the Overseas Investment Office in July last year....

More Services

Airwork on the block to repay $145m of bank debt
Law & Regulation

Airwork on the block to repay $145m of bank debt

Airwork has an outstanding intercompany loan of $35.83m, owes trade creditors $219,000.

Denise McNabb 11 Sep 2025
Risky Business: understanding NZ’s insurance sector
Services Editor’s note

Risky Business: understanding NZ’s insurance sector

BusinessDesk’s latest special project.

Victoria Young 11 Sep 2025
Assessing Spark's datacentre deal with PEP
Markets Analysis

Assessing Spark's datacentre deal with PEP

Could Spark be paying special dividends before the end of the decade?

Pattrick Smellie 13 Aug 2025
Food Chain report shows $9m owing
Services

Food Chain report shows $9m owing

More than $9.1m is owing in the liquidation of food supplier Food Chain, the first report in the insolvency shows. The company, which has ceased trading, had approximately 60 staff, and is also in receivership. The first liquidators' report of Adam Botterill and Damien Grant...

Staff reporters 11 Jul 2025