Disney’s Lucasfilm to shut Singapore operations

Lucasfilm’s decision to wind down its Singapore operations is in response to changes in the industry and business conditions, said EDB and IMDA. Photo: ANN

Entertainment company Lucasfilm is winding down operations in Singapore after almost two decades here due to economic factors affecting the industry, said parent company Disney.

“Over the next several months, Industrial Light & Magic (ILM) will be consolidating its global footprint and winding down its Singapore studio due to economic factors affecting the industry,” said Disney, in response to media queries on Tuesday.