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

  • VidCon

    Vidcon 2018: Viacom Makes Its Mark, Organizers Focus on Diversity

    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 […]

  • Google Podcasts App Launches on Android,

    Google Launches Podcast Listening App on Android

    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 […]

  • Tyler Oakley

    Tyler Oakley Launches LGBTQ Event Series on YouTube for Pride Month

    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 […]

  • Dylan Jordan, Summer Mckeen

    Snapchat Sets Docu-Drama Series From Bunim-Murray (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 […]

  • Scopely founders

    Mobile-Games Company Scopely Raised Additional $100 Million for Acquisitions, Investments

    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 […]

  • Common, Lena Waithe

    Common, Lena Waithe Join AT&T Hello Lab's Filmmaker-Mentoring Program in Second Year

    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 […]

  • Sony Takes Premium Film1 Movies Service

    Sony Takes Premium Film1 Movies Service Direct To Consumer

    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