The futuristic movie studio bringing Hollywood A-listers to our shores

An Aussie movie studio is transforming the concept of the humble green screen, changing the way filmmakers make magic happen.

At 12 metres tall, holding 4000 LED screens and 120 motion capture cameras, Nant Studios in Melbourne is home to the world's largest virtual movie-making studio.

"[We can create] anything from a desert or a streetscape to interiors [and] cars," Nant Studios head of production Sophie Taylor said.

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"You can also delve into the world of sci-fi and fantasy, build spaceships or be out in space."

The LED Volume display screen wraps around the Docklands studio, creating a fully enclosed environment.

As cameras follow the actors into the environment the background changes with them.

There's even a sky that can tilt and shift to mimic clouds.

The bold technology has the eyes of Hollywood looking Down Under.

Everything from big blockbuster films like Liam Neeson's action thriller The Ice Road, to Aussie drama miniseries The Survivors and even events like Nine's Charity Telethon have been carefully crafted inside the Aussie Volume.

"This technology was previously used more commonly for sci-fi, but now we're using it more and more for real-world environments, so streets you would recognise, and houses and locations from our current, modern day," Taylor said.

Scenes in moving vehicles also work flawlessly inside Volume, which is why actor Liam Neeson shot every single interior bus scene for Ice Road: Vengeance inside the LED Volume. 

"The most extreme environment we've ever had to recreate was Belgium during World War Two, we had bombs on the horizon, rain, tanks and gunfire," Taylor said.

Watch the full video in the player above.