Oct. 27 (UPI) -- FilmStruck, the streaming home of hundreds of classic, arthouse, independent and foreign films, is to cease operations on Nov. 29.
"We're incredibly proud of the creativity and innovations produced by the talented and dedicated teams who worked on FilmStruck over the past two years," a press release said. "While FilmStruck has a very loyal fanbase, it remains largely a niche service. We plan to take key learnings from FilmStruck to help shape future business decisions in the direct-to-consumer space and redirect this investment back into our collective portfolios."