Via Indiewire the very sad news that New Yorker Films, the storied art-film distribution company that released the films of Godard, Tarkovsky, Bertolucci, Resnais, Wenders, among others, shut its doors today. From an email sent by New Yorker's Jose Lopez to filmmakers that was then forwarded to Indiewire:

I have sad news.The parent company of New Yorker Films has defaulted on a loan. The assets of New Yorker were used as security on the loan. The lender has informed us that it intends to foreclose on these assets. New Yorker stopped doing business yesterday…We are in total shock that after forty three years this has happened.

Further details can be found at the link.

# posted by Scott Macaulay @ 2/23/2009 05:05:00 PM

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