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Sony Imageworks Moving Headquarters To Vancouver

LOS ANGELES (CBSLA.com) — Sony Pictures Imageworks is moving its headquarters from Culver City to Canada.

The visual-effects unit, which employs about 270 people, said it was moving a bulk of its operations to Vancouver, where it already has a satellite studio, the Los Angeles Times reported.

A small staff will remain in Los Angeles.

The move will cut costs due to Canadian tax breaks, the Times said.

(©2014 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

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