Film is an art but it's also a business and the writing may well have been on the wall for Focus Features. It hurts, but it seems the rule is you don't get to crank out that kind of an art house run and live too long to tell the tale. Indie/dependent divisions have been shuttering left and right for years. We lost Paramount Vantage. We lost Warner Independent. Sony Classics is the success model, 20 years strong, having figured something out. Fox Searchlight continues to find pay dirt, too. But they're the exceptions. We should be so lucky that we got Focus for as long as we did.
But by the way, Focus Features isn't going away. It is simply, by necessity, shifting its reach and identity. Some are writing about it like the sky is falling, like folding in FilmDistrict product and putting Peter Schlessel in charge is an affront. But I think a mixture of specialty and wide releases is a smart approach and, at the end of the day, it might provide an even better opportunity for specialty product to find its way at Focus as some of the other product (in theory) proves more profitable. This is their path, and I'm personally more positive than some of my colleagues.