Not even Paris is spared from the economic turmoil as Sparx Animation Studio has likewise closed down due to the financial epidemic. Sparx may not be that known to the world of creative and digital imagery but they have had their share of creating special effects such as “Bunyan and Babe” and “Igor”.

Sparx has been around for 10 years on animating and co-producing TV series like ROLIE POLIE OLIE, and was working to move into Hollywood feature production like their model, Pixar Animation Studios.

Their closure is not seen as a big loss as all future projects will be handled by its sister animation site Ho Chi Minh City in Vietnam.

“We’ve been hit by the shockwaves of the U.S. financial crisis,” said Sparx head of production, Thomas Schober. “Since our industry relies heavily on private financing, the crisis has made it extremely difficult for us to get work on long features.”

(Source) AWN

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Article Tags: animation | igor | imaging | sparx

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