First Look Studios is going out of business by way of an assignment for the benefit of creditors. Millennium Entertainment, LLC has acquired substantially all of the assets of First Look Studios Inc. from the studio's senior secured creditors, and has also successfully employed many of the former key management and staff of First Look Studios.
At the moment, Millennium Entertainment has not disclosed its future plans regarding content from First Look.
First Look Studios started releasing Blu-ray titles in January 2008. Since then it has published nearly 40 unique titles, including major theatrical movies such as
Bad Lieutenant: Port of Call New Orleans. Its latest released title was
Once Fallen, which streeted on November 2. Its two upcoming titles (
Dead Awake and
Elephant White), haven't been cancelled or delayed at the time of writing.