BeanstockTV ApS has announced that it is shutting down. Since August 2007, it has been looking for further investment to keep BeanstockTV afloat. Now, having spent its initial investment, the company is filing for bankruptcy.
As of today, BeanstockTV's VOD animation website will go offline. Users who have prepaid money into their account will not receive a refund.
BeanstockTV ApS was founded by Morten Enevoldsen and Nicole Gallagher as part of a program connected to the Animation Workshop. The website included short films, as well as Q&A sessions with animation professionals and news concerning the animation industry.
BeanstockTV's goal was to create the largest online community and network for animation professionals and aficionados.