Okay okay, enough already. We’ve known about the Psyop “buyout” now for almost two weeks, but we didn’t report it because it’s industry news and not a spot for Zune or something. After tons of email inquiring about it, I’ve decided to refer readers to the definitive response from Psyop’s CEO, Justin Booth-Clibborn.
In addition to explaining that the deal isn’t really a buyout in the traditional sense, Booth-Clibborn explains that “day-to-day running remains in the hands of the people who are running Psyop right now. My role will change a little bit, obviously being the CEO of a public company brings with it some responsibilities that I haven’t faced up to now, but I’ll be very much involved in what I do now, the public running of the company.”
Please read the full interview before predicting the end of the world. Thanks to Booth-Clibborn and Creativity Online for providing such a lucid account of the arrangement.