Visual effects companies Cinesite and Image Engine announce merger
Major visual effects companies Cinesite and Image Engine are set to merge and will offer more than 525 artists between London, Montreal and Vancouver. Cinesite was set up in London in the mid-90s and its current projects include Ant-Man and new James Bond movie Spectre.
“We will continue operating in our various geographical locations and our focus will continue on our different core visual effects strengths.”
London is one of the top production hubs in the world and visual effects incentives are available through the UK’s generous filming tax credit programme.
Framestore got a huge profile boost with the stunning international success of Alfonso Cuaron’s space-based drama Gravity.
Industrial Light & Magic (ILM) – the company founded by George Lucas to pioneer visual effects work on the original Star Wars films – launched a London base in October last year. Two more Star Wars movies are scheduled to be shot at Pinewood Studios.
British Columbia offers a 17.5% tax credit for Digital Animation, Visual Effects and Post-Production, which makes Vancouver popular for visual effects companies.
Animal Logic, the Australian company behind The Lego Movie, is opening an office in Vancouver and last year Sony Pictures Imageworks moved its headquarters there from Los Angeles.
Cinesite’s own Montreal office has in fact only been open for 18 months. The eastern Canadian city also offers generous visual effects incentives, reaching 20%, on top of the province’s base 25% filming tax credit.
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