The Toronto-based distributor levelFILM has announced it is shutting down, effective immediately.

In a release today (June 6), the distributor attributes its decision to “market realities beyond [its] control,” such as streaming, the recession and industry consolidation putting pressure on smaller distributors.

LevelFILM has released Canadian titles such as Rich Williamson and Shasha Nakhai’s Scarborough (Compy Films), Kaniehtiio Horn’s Seeds (Carpe Dee Yum Productions), Karen Chapman’s Village Keeper (Smallaxx Motion Pictures, pictured) and Ally Pankiw’s I Used to Be Funny (Barn 12). The outfit also oversaw international releases such as The Assistant and Peanut Butter Falcon.

The company was founded by David Hudakoc and Michael Baker in 2013. In July 2023, Hudakoc, who also served as managing director, and head of distribution John Bain left the company to “pursue new opportunities,” according to a release at the time. Their departure coincided with an investment from Vancouver and Calgary-based Various Things Entertainment.

The release notes the company will work with filmmakers and producers affected by the closure to provide a transition for any projects.

“I want to extend a heartfelt thank you to all of our international partners and especially our Canadian filmmakers. We are extremely proud of you and all of the work we did together,” said levelFILM chairman Laurie Venning in a statement.

“Sadly, the Canadian film distribution landscape has significantly shifted over the past decade and despite our best efforts to adapt, the model was simply no longer sustainable for us in the current environment. We remain committed to helping all films and filmmakers find homes.”

Photo by Jordan Oram