The complete article discusses the practical aspects of their closing, such as funding issues, as well as having really interesting things to say about their distribution business model.
Concludes Hyams, “We find ourselves at a time of great upheaval in the film industry. We are somewhere between the old and the new world. Technology is altering the way films are being made, and there are new avenues for how films can be consumed. How audiences discover and find films — that’s what’s we have been focused on. We have proven an amazing amount of things about how audiences become engaged and how to connect with them, but we were not able in that time to build a business that would sustain itself.
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