THE END OF RENAISSANCE
Via this article in Variety comes sad news: Renaissance, the London-based sales company, has shut down, declaring bankruptcy and pinkslipping its employees.
A company that mades its name as a producer of such films as The Madness of King George and Wings of a Dove, Renaissance was one of the international sales companies that took an active interest in the American independent sector. It invested production coin in films like Rose Troche’s The Safety of Objects and was sales repping such films as We Don’t Live Here Anymore, Todd Louiso’s upcoming Macbeth, Gregg Araki’s upcoming Creeeps and two 2005 Sundance selections: Junebug and Pretty Persuasion.
According to the paper, Renaissance never recovered from production losses that bled through a $40 million dollar investment in the company by Hermes, a British pension fund.