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Glassworks closes its doors after 30 years
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The closure of the studio was primarily driven by "exceptionally challenging market conditions" that have already impacted many in the production sector.
VFX company Glassworks has announced that it has ceased trading.
Glassworks has been a presence in the visual effects industry for almost three decades and was revered for its incredible talent and groundbreaking work.
It is with profound sadness that we announce the closure of Glassworks VFX after 30 years' trading.
"The closure of the studio was primarily driven by exceptionally challenging market conditions that have already impacted many in the production sector," said Hector Macleod, Glassworks CEO. "This phrase, while corporate, speaks volumes about the immense pressures currently facing creative boutiques. The past 15 months have been a turbulent period in both the commercial and narrative spheres, with decreased opportunities exacerbated by the increased pressure of global competition. For a studio that has given so much to the world of visual artistry, to be forced to close its doors under such circumstances is truly heartbreaking."
Founded in 1996 by Macleod, Glassworks was a vanguard of creativity and fostered an environment where artistic boundaries were constantly pushed, and where the most complex visions were brought to breathtaking life.
Glassworks' commitment to nurturing talent has left it's mark on the industry, with countless alumni now contributing significantly to the wider VFX landscape.
The company's Board of Directors has instructed Castle Hill Insolvency to manage the formal process of entering liquidation.
