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Double Negative to Close VFX Facility in Singapore (Exclusive)
Special effects company Double Negative is to close its Singapore production facility.

The company said that the closure will result in the redundancy of the majority of its staff in Singapore and that closure would take effect by May 20 of this year.

The company said the closure was a part of a geographical rebalancing of its activities, but offered little detail.

“We must be responsive to the requirements of our clients and ensure our global operation is well balanced to meet their needs. The changing global dynamics of the film industry has focused the growth and development of our operations elsewhere in the world,” said Alex Hope of Double Negative.

On Wednesday a competing VFX company in the Asia region told Variety, that it had received calls from film producers seeking to move effects shots work away from Double Negative as a reaction to the closure news.

“Double Negative continues...
See full article at Variety - Film News
  • 3/24/2016
  • by Patrick Frater and David S. Cohen
  • Variety - Film News

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