New Yorker Films, the beloved and long-standing international film distribution company, closed its doors today after 43 years in business. The company announced its closing via a short statement on their website: “After 43 years in business, New Yorker Films has ceased operations. We would like to thank the filmmakers and producers who trusted us with their work, as well as our customers, whose loyalty has sustained us through the years.”

As one of the most reputable art-house cinema distributors over the years, it introduced audiences to works from Bernardo Bertolucci, Jean-Luc Godard, Ousmane Sembene, among many others. New Yorker Films is going out of business due to a defaulted loan resulting in the sale of New Yorker Films' library as collateral. Shockwaves were felt throughout the film community, as industry professionals around the country expressed their deep sense of gratitude at the legacy the company is leaving behind and sadness for its demise. To read more  from IndieWire's extensive coverage on this breaking story, click below:

End of the Road for New Yorker Films, Legendary Distributor of “Difficult” Cinema

New Yorker Films: 1965 - 2009

John Vanco on New Yorker Films: “The company has always been in my heart”

Reid Rosefelt on New Yorker: A totally uncompromising and unrealistic approach to the film business