I hate waking up to bad news as it just bothers you the entire day. We knew that Tartan’s US branch was in trouble and has all of their assets auctioned off to Palisades Media Corp. This morning some shocking news came right out of left field, Sources told Variety that Tartan employees found the London office doors closed Thursday June 26 and were then informed later in the day by Tartan topper Hamish McAlpine the company was closed for business. Read on for the official announcement. R.I.P. Tartan.
LONDON — U.K. distrib Tartan Films has finally shuttered.
Sources told Variety that Tartan employees found the London office doors closed Thursday June 26 and were then informed later in the day by Tartan topper Hamish McAlpine the company was closed for business.
Speculation over the future of Tartan has been rife for several months. The distrib was believed to be in takeover talks with David Bergstein of the Capco Group, the firm that owns ThinkFilm, a stake in I.M. Global as well as the U.K.’s Capitol Film and has itself been plagued by rumors of financial troubles, for much of last year before negotiations broke down following disagreements over Tartan’s financial worth.
Last October Tartan announced it had received a cash injection of
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