Caustic Graphics Inc. (San Francisco, Calif.) is a startup company that claims to have made a breakthrough in the hardware acceleration of ray-traced graphics. Caustic claims a 20 times speedup for better graphics algorithms hardcoded into silicon now and 200 times faster for next generation in 2010.

Caustic said it’s first-generation technology will deliver an average 20-fold increase in the speed used to create 3-D imagery for film and video, game development, as well as automotive and consumer product design. The second generation of Caustic’s technology, due early in 2010, is expected to gain an additional order of magnitude in performance, offering a 200 times speed-up over current graphics products.

New Line and Electronic Arts have decided to part company with regards to the Lord of the Rings franchise, with the latest deal expiring at the end of 2008. “Lord of the Rings: Conquest” is seen as one of the main reasons due to a poor critical reception, as well as slow sales. Time Warner will now handle the franchise, its own videogame sector, Warner Bros. Interactive Entertainment, set to look after the gaming side.

(Source:  Michelle Rodriguez, who co-stars in James Cameron’s secretive sci-fi film Avatar, told a group of reporters that the breadth of Cameron’s direction was exhausting. “He thinks in 12 dimensions at all times, and that’s what I love about him,” Rodriguez said in a group interview on Friday in Hollywood, where she was promoting Fast & Furious.

Avatar combines new motion capture, animation and three-dimensional filming technology. Cameron has screened footage for select audiences in the 3-D industry.

The following Q&A features edited excerpts of our interview with the outspoken Rodriguez. Avatar is due in theaters Dec. 18, 2009.

Image Metrics, which recently provided facial animation for Sony Computer Entertainment America’s God of War® III video game to be released exclusively on the PlayStation®3 system, is introducing new facial rigging services to the video game and film markets. Developed in response to client demand, the services utilize many of Image Metrics’ proprietary technologies as well as the expertise of its in-house rigging specialists to speed facial rig creation and improve the core facial structures essential for producing highly emotive facial animation.

In some universe, the name “Syfy” is less geeky than the name “Sci Fi.” Dave Howe, president of the Sci Fi Channel, is betting it’s this one.

To that end, the 16-year-old network—owned by NBC Universal—plans to announce that Syfy is its new name March 16 at its upfront presentation to advertisers in New York.

“What we love about this is we hopefully get the best of both worlds,” Mr. Howe said. “We’ll get the heritage and the track record of success, and we’ll build off of that to build a broader, more open and accessible and relatable and human-friendly brand.”

The latest fad in Hollywood, it seems, is that if you have a major tentpole movie on the way, you get it a bit of extra publicity by having a lawsuit aimed in its direction. Just look at the column inches that Watchmen earned when there was the hint that 20th Century Fox might have taken out an injunction to delay its release. It’s a genius plan.

The latest beneficiary is Terminator: Salvation, which it’s been revealed is now embroiled in a battle between producer Moritz Borman and his fellow producers Victor Kubicek and Derek Anderson. Borman is accusing the pair of breach of contract and fraud, arguing that he helped get them the rights to make Terminator movies back in 2007. This also included sequel and merchandising rights too.

Hosted by The Rubber Room, MONSTERPALOOZA stomps into Burbank, California May 29-31, 2009 at The Burbank Airport Marriott Hotel & Convention Center.

Be among great company! MONSTERPALOOZA will feature seminars and presentations related to the world of monsters & special f/x direct from the artists behind the field of magic. Makeup artist Verne Langdon, KNB EFX (Sin City, Grindhouse), ADI (Alien vs. Predator), Chiodo Brothers (Critters, Gremlins), and legendary Bernie Wrightson are a few of the artists in attendance (complete list).

(Source:   Coraline is still in theaters, but we know that it’s never too early to start thinking about the DVD release. Our own Josh Tyler got the chance to talk with Henry Selick at SXSW and the movie’s director shed some light on what we can expect to see once the animated movie comes home.

The big news – just because you missed out on Coraline in Digital 3D in theaters doesn’t mean you’re going to lose out on watching part of the movie pop out at you. Coraline will be getting a 3D treatment for home theaters, although it’s not the kind we were hoping for. ”Some DVDs will be sold with the anaglyphic, the red and the green.” Selick shared with us. “That will be this year.”

Nmancer’s TekLog is based on WordPress platform, RSS tech , RSS comments design by Gx3.