You will be redirected back to your article in seconds

Hemdale Home Vid lays off 10

Hemdale Home Video has laid off 10 staffers in marketing, accounting and distribution.

Two new positions were created in regional sales.

The publicly traded independent vid company has had a tough time in the video rental market, following a successful launch last year with the sell-through rerelease of “The Terminator.”

Prexy Eric Parkinson explained the layoffs: “It’s because the numbers indicated there’s no longer a viable market for secondary titles. The success of our current release ‘Cold Heaven’ indicates our time is better spent on bigger titles.”

According to Parkinson, orders for “Cold Heaven,” which Hemdale acquired from MCEG, number 42,000 from the United States and Canada. Order close date was Sept. 23. New strategy, said Parkinson, will be to release one high-profile title every two weeks. Upcoming titles include “Bed and Breakfast,””Beautiful Dreamers,””The Legend of Wolf Mountain” and “Little Nemo: Adventures in Slumberland.”

Following the layoffs and creation of two new positions, there are 26 employees of Hemdale Home Video.

More Digital

  • sonos

    Sonos Files Confidentially for IPO, Could Go Public as Early as June (Report)

    Hemdale Home Video has laid off 10 staffers in marketing, accounting and distribution. Two new positions were created in regional sales. The publicly traded independent vid company has had a tough time in the video rental market, following a successful launch last year with the sell-through rerelease of “The Terminator.” Prexy Eric Parkinson explained the […]

  • US Capitol

    Music Modernization Act Unanimously Passes House of Representatives

    Hemdale Home Video has laid off 10 staffers in marketing, accounting and distribution. Two new positions were created in regional sales. The publicly traded independent vid company has had a tough time in the video rental market, following a successful launch last year with the sell-through rerelease of “The Terminator.” Prexy Eric Parkinson explained the […]

  • Dave Rocco Leaving Spotify for Universal

    Dave Rocco Leaving Spotify for Universal Music Group: Sources (EXCLUSIVE)

    Hemdale Home Video has laid off 10 staffers in marketing, accounting and distribution. Two new positions were created in regional sales. The publicly traded independent vid company has had a tough time in the video rental market, following a successful launch last year with the sell-through rerelease of “The Terminator.” Prexy Eric Parkinson explained the […]

  • Facebook Logo

    #Deletefacebook Didn’t Happen: Facebook Grows Users in Q1, Beats Earnings Estimates

    Hemdale Home Video has laid off 10 staffers in marketing, accounting and distribution. Two new positions were created in regional sales. The publicly traded independent vid company has had a tough time in the video rental market, following a successful launch last year with the sell-through rerelease of “The Terminator.” Prexy Eric Parkinson explained the […]

  • Stephen Curry + Rudy Mancuso -

    Stephen Curry to Relaunch YouTube Channel With Show Featuring His Postgame Chats With Guests

    Hemdale Home Video has laid off 10 staffers in marketing, accounting and distribution. Two new positions were created in regional sales. The publicly traded independent vid company has had a tough time in the video rental market, following a successful launch last year with the sell-through rerelease of “The Terminator.” Prexy Eric Parkinson explained the […]

  • The Roku Channel_9.6.17

    New Privacy Policy Suggests Roku Channel Coming to Game Consoles, Third-Party Streaming Boxes

    Hemdale Home Video has laid off 10 staffers in marketing, accounting and distribution. Two new positions were created in regional sales. The publicly traded independent vid company has had a tough time in the video rental market, following a successful launch last year with the sell-through rerelease of “The Terminator.” Prexy Eric Parkinson explained the […]

  • snapchat-logo

    Snapchat Considers Tweaking Some of Its Controversial Redesign

    Hemdale Home Video has laid off 10 staffers in marketing, accounting and distribution. Two new positions were created in regional sales. The publicly traded independent vid company has had a tough time in the video rental market, following a successful launch last year with the sell-through rerelease of “The Terminator.” Prexy Eric Parkinson explained the […]

More From Our Brands

Access exclusive content