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unhappycamper

(60,364 posts)
Fri May 30, 2014, 10:16 AM May 2014

Sony Pictures Imageworks moving L.A. headquarters to Vancouver

http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-sony-imageworks-vancouver-20140529-story.html#navtype=outfit

Sony Pictures Imageworks moving L.A. headquarters to Vancouver
Richard Verrier
5.30.2014

In a further blow to Southern California's visual-effects industry, Sony Pictures Imageworks is moving its Los Angeles-area headquarters to Vancouver, Canada.

The unit of Sony Pictures Entertainment said Thursday it was transferring the bulk of its operations to a new facility in Vancouver, where it already has a satellite studio.

Sony is expected to keep a small staff in its Culver City facility, which employs about 270 workers.

The move will allow the company to cut costs by capitalizing on generous tax breaks that aren't available in California.
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