Sony Pictures Animation Will No Longer Animate Its Films in the US
Animation and visual effects studio Sony Pictures Imageworks has confirmed what many in the industry had suspected for a long while: the studio is moving its headquarters from Los Angeles to Vancouver, Canada to take advantage of generous tax credits provided by the Canadian government. This move, combined with Digital Domain’s jump to Vancouver and Rhythm & Hues’ bankruptcy, prompted “Variety'”s VFX chronicler David S. Cohen to say that the Los Angeles feature film visual effects industry is “in full collapse.”