Lucas animation studio launched in Singapore
The company of legendary US director George Lucas, creator of the 'Star Wars' saga, launched an animation studio in Singapore to produce television shows and feature films for the global market.
The Singapore operation is 75 percent owned by Lucasfilm Ltd., with the rest of the equity held by two Singapore partners -digital entertainment products maker Creative Technology Ltd. and EDB Investments.The latter is an arm of the Economic Development Board (EDB), Singapore's foreign investment promotion agency.
Company officials refused to disclose how much money was invested to set up the 3,715-square-meter (40,000-square-foot) animation facility, which will initially have 35 staff but can host up to 300 employees
They said Singapore was chosen because of its strong protection of intellectual property rights, attractive lifestyle and potential for drawing digital animation talent from all over the world.
The Singapore operation is 75 percent owned by Lucasfilm Ltd., with the rest of the equity held by two Singapore partners -digital entertainment products maker Creative Technology Ltd. and EDB Investments.The latter is an arm of the Economic Development Board (EDB), Singapore's foreign investment promotion agency.
Company officials refused to disclose how much money was invested to set up the 3,715-square-meter (40,000-square-foot) animation facility, which will initially have 35 staff but can host up to 300 employees
They said Singapore was chosen because of its strong protection of intellectual property rights, attractive lifestyle and potential for drawing digital animation talent from all over the world.