Sad news as it looks like Tartan’s US branch is in a heap of trouble.
After months of speculation about its finances, Stateside releasing operation Tartan Films USA has admitted its financial problems. In what may amount to the beginnings of a rescue operation, Vin Roberti’s Palisades Media Asset Fund announced a “public foreclosure sale” of all the assets belonging to Tartan Films USA and Tartan Video USA.
Legal notice said company’s assets include a film library of 101 titles. Established in 2004 by Hamish McAlpine, the head of the U.K.’s Tartan Films, company established a reputation for acquiring and handling arthouse and genre titles. Its biggest hits were Park Chan-wook’s Oldboy, Mysterious Skin and Sympathy for Lady Vengeance.