Glassworks VFX, founded in 1996 by CEO Hector Macleod, is the latest major vfx house to announce that it is closing.
The studio says the closure is primarily driven by “exceptionally challenging market conditions” that have hit the vfx business in recent years. Recent months have seen the shuttering of The Mill, MPC and Jellyfish Pictures among others.
Glassworks said in a statement that “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.
“It is with profound sadness that we announce the closure of Glassworks VFX after 30 years’ trading. Glassworks has been a legendary presence in the visual effects industry, revered for its incredible talent and groundbreaking work over three decades.
“Founded in 1996 by CEO Hector Macleod, Glassworks wasn’t just a company; it was a vanguard of creativity. It fostered an environment where artistic boundaries were constantly pushed, and where the most complex visions were brought to breathtaking life. The name became synonymous with uncompromising quality, audacious innovation, and a deeply personalized service. It leaves behind an awe-inspiring legacy of iconic visual effects spanning award-winning commercials, feature films, live events, television, and digital content.
“Glassworks’ commitment to nurturing talent has left an indelible mark, with countless alumni now contributing significantly to the wider VFX landscape and carrying a piece of that pioneering spirit with them. Our thoughts are with every single individual who was part of the Glassworks family. Their talent and craft have enriched our screens and imaginations, etched into the history of visual effects and continuing to inspire generations of artists to come.”
The Company’s Board of Directors has instructed Castle Hill Insolvency to manage the formal process of entering liquidation. For any inquiries, please contact them at 01626 510020 or info@castlehillinsolvency.com.
Jon Creamer
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