RIT Announces Investments in Magic Spell Studios

Gov. Andrew Cuomo came to RIT to announce that the state will contribute $12 million toward construction of MAGIC Spell Studios, adding to $3 million from Dell and $12.4 million from Cisco Systems for the project.

Rochester Institute of Technology is at the epicenter of a public-private partnership that could catapult the region as a leader in the rapidly growing digital media industry. The college announced $12 million in funding from New York state, $3 million from Dell and $12.4 million from Cisco Systems Inc. that will be used to grow MAGIC Spell Studios, a university program that will link RIT’s internationally ranked academic programs with high-tech facilities needed to commercialize computer gaming, film and animation, graphic design and imaging sciences projects. That money will be added to the $1.5 million RIT has already received through the Finger Lakes Regional Economic Development Council, which named MAGIC Spell Studios as a priority project. More.