Björk's video for Wanderlust was "shot entirely in 3-D using custom-built equipment by San Francisco Bay Area filmmakers Encyclopedia Pictura, the seven-minute video took nine months to produce. More than 150 artists, sculptors and interns worked on the project." (Wired)
Watch the video and see the making of features exclusively on Wired.com.
I have a friend that used to produce and direct music video but he says that the bottom fell out of the business. Over the past few years budgets have plummeted and it just isn't worth the headaches anymore. It's nice to see a few artists like Björk (and Radiohead with "House of Cards" take the time and expense to do something special.