Updating the Old Logo for Film Effects Co Ltd

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This customer received 102 logo designs from 44 designers. They chose this logo design from Kreative Fingers as the winning design.
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Logo Design Brief
Our old clipart style logo has been in service for over 25 years now and I'm looking for a logo refresh.
Wanting to keep the red, black and white colour palette but change up the wording and design. We do mechanical and physical SPFX for the Film & Television Industry based in New Zealand. Old logo with and without address details attached.
Target Market(s)
Film Producers, TV Executives, Art Directors, Advertising Managers
Logo Text
Filmfx Co Ltd
Logo styles of interest
Pictorial/Combination Logo
A real-world object (optional text)



Font styles to use
Colors
Colors selected by the customer to be used in the logo design:
Look and feel
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Elegant
Bold
Playful
Serious
Traditional
Modern
Personable
Professional
Feminine
Masculine
Colorful
Conservative
Economical
Upmarket
Requirements
Must have
- Just want a cool changeup of our existing logo attached. Replacing "effects" with "FX"
- Want to keep the stylised Bomb logo as part of the design.
Nice to have
- Keeping the current colour scheme of Red, White and Black.