Patrick Frater Asia Bureau Chief Disney-owned Lucasfilm/ Industrial Light & Magic is to close its VFX and animation facility in Singapore, where more than 300 people are employed.
The company points to changes in the global entertainment industry as a factor behind the decision. “Over the next several months, ILM will be consolidating its global footprint and winding down its Singapore studio due to economic factors affecting the industry,” Disney said in a statement emailed to Variety.
The Singapore studio was founded in 2004 as Lucasfilm Animation Singapore and began operations in 2006 with work on the animated TV series “Star Wars: The Clone Wars.” It relocated within the city-state in 2013, setting up shop in the futuristic George Lucas-owned Eclipse Building at Fusionopolis.
It was nicknamed the “Sandcrawler Building,” due to its similarity to an iconic “Star Wars” vehicle. The Eclipse Building was sold by Lucas in January 2021 to the Blackstone Group. “Lucasfilm’s decision to wind down its Singapore operations is in response to changes in the industry and business conditions.
Read more on variety.com
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