Current Status
As of late 2009, the company has undergone internal changes. Offices in New York were closed and operations were relocated to Los Angeles under a new team. The television network currently airs its library content while programming, web-site, and relaunch preparations continue. Both theatres have closed, with the New York City location being operated by Phoenix Theatres, and the L.A. location being operated by the property owners as the Downtown Independent.
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