Matt Lopez writes in The Wrap that Fandor has laid off its whole 40-person staff as it looks for a buyer in order to continue.

He adds context:

“The layoffs come a month after Defy Media shut its doors, laying off an estimated 80 staff, and less than a week after Otter Media announced it was cutting 10 percent of its staff. The news also follows WarnerMedia’s closure of its classic movie streaming service FilmStruck, a shutdown that Fandor ironically tried to capitalize on by offering a discount to former FilmStruck subscribers. Other video-centric companies that have been met with layoffs this year include WarnerMedia’s DramaFever, which shutdown in October; Refinery29, which lost 40 employees that same month; and Mic, a news-focused media outlet that laid off most of its staff towards the end of November.”

My take: it’s always sad when a streaming service can’t continue, especially one that revered classic, cult and indie movies. At $6/month, Fandor wasn’t expensive. My problem is that I only have so much time to devote to consuming screen entertainment. Sorry, Fandor, you were on my radar but Netflix and Prime have my eyeballs for now.