2:20AM Defamer Hollywood | The independent-film slaughterhouse revved back into action this morning with news that Red Envelope Entertainment, the acquisitions and financing division of Netflix,
shut its doors after three years. The division helped underwrite and/or release titles including the Maggie Gyllenhaal drama
Sherrybaby, the Oscar-nominated documentary
No End in Sight and Julie Delpy’s directorial debut
Two Days in Paris; it’s last film appears to be the psychosexual Ben Kingsley/Penelope Cruz drama
Elegy, opening next month.
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