Metrodome Group, the UK distributor behind titles such as The Secret in Their Eyes, Monster and The Falling, has entered administration.
Some reports suggest workers at Hollywood Classics, a sister company specialising in library rights, have also been laid off.
The company launched 12 years ago, specialising in arthouse movies from directors such as Thomas Vinterberg, Lukas Moodysson and Lars von Trier.
Metrodome found particular success in 2010 with the Argentinian drama The Secret in Their Eyes, which won the foreign language Oscar that year, and was recently unsuccessfully remade with Nicole Kidman.