Media distributor in Port set to close in June

Media distributor in Port set to close in June

The Port Washington branch of a Toronto-based media distributor will close in June, according to a Worker Adjustment and Retraining Notification filing with the state Department of Labor.

Entertainment One, a media company that distributes movies, television shows and music and has over 20 locations worldwide, will begin laying off workers on Dec. 31 and will close at the end of June, the filing said.

A total of 65 employees will be affected by the location’s closing. The affected workers do not belong to a union, the filing said.

Entertainment One develops, acquires, finances and distributes television shows, movies and music to outlets such as Netflix, iTunes and Amazon, according to its website.

The company also distributes DVDs and CDs, its website said.

The branch’s closing is a result of the staggering expense of physical distribution, according to a Newsday article.

 With an influx of online music streaming, the physical distribution of music is significantly down, according to a mid-year U.S. music report Nielsen report.

The report shows that streaming music has continued to grow, with a 59 percent in on-demand music streaming — and a 15 percent bump in overall digital music consumption.

Physical album sales, the report said, are down 10 percent, “despite continued record-setting strength in Vinyl LPs, which are up 12 percent.”

A request for an interview with an Entertainment One official was unavailing.

By Stephen Romano

No posts to display


Please enter your comment!
Please enter your name here