New Yorker Films, “the pioneer independent-film distributor that was an art-house fixture” for 43 years, said Jeffrey Bloomer in Paste, announced on Monday that it “would auction off its library and end operations immediately.” Apparently, the company “had been put up against a loan, which is now in default.” Given the state of the economy, “stories like New Yorker’s will become increasingly common.”
“It’s probably safe to speculate,” said Scott Tobias in The Onion’s A.V. Club, “that the massive hole the company leaves behind in the acquisition and distribution of challenging, auteur-driven foreign films will be difficult to fill.” New Yorker Films distributed movies by such greats as Antonioni, Bertolucci, Chabrol, Denis, Fassbinder, and Godard, to name just a few. This is very sad news for the independent film world.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
6 elegant Queen Anne Victorian homesFeature Featuring original diamond-glass doors in New York and a registered historic landmark in Arkansas
-
Starbucks baristas strike over dress codespeed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
US overdose deaths plunged 27% last yearspeed read Drug overdose still 'remains the leading cause of death for Americans aged 18-44,' said the CDC
