New Concorde Reorganizes as ‘Catalog, Sellthrough' Company28 Apr, 2004 By: Erik Gruenwedel
New Concorde, which has a catalog of more than 300 eclectic films and was founded by ‘B'-movie king Roger Corman, is terminating in-house productions and outside acquisitions to focus primarily on catalog home video distribution, according to sources familiar with the studio and a notice sent to distributors and retailers, obtained by Video Store Magazine.
In the letter, the company states it “… has decided to reorganize as a catalog/sellthrough company only. To that end, we will no longer be releasing ‘new-release rental' titles.”
Los Angeles-based New Concorde, which typically acquired about 16 films a year on top of its own productions, distributes heavily in Europe in addition to the domestic market.
According to the company letter, titles currently in “rental” solicitation include Love Thy Neighbor, Keeper in Time and Emmanuelle in Paradise, which will be released with the same or new pre-order and street dates.
Rental titles cancelled are The Perfect Husband and Deadly Friends.
Representatives from New Concorde did not return phone calls requesting comment.