Thursday, June 30, 2005

UK Production Environment Causes Closure of The London Creature Shop

The Jim Henson Company will no longer have a full time staff at its London location of Jim Henson' s Creature Shop. Citing the dollar' s unfavorable exchange rate and the absence of concrete tax incentives in the UK production market, the President & Chief Operating Officer, Peter Schube, made the announcement of this news. The company's own television and film projects are not affected and the Creature Shop will continue to service third party clients out of its Los Angeles and New York locations, as well as hiring freelance crews in London on a project-by-project basis.

Peter Schube said, “Jim Henson's Creature Shop in London was founded on the highest standards of innovation and creativity, launching our worldwide facilities with those principles in mind. We are grateful to the UK film industry for its important place in our company's history and we are confident that it will remain a significant production center for us.”

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