Independent UK distributor ICA Films is to stop buying new films as part of structural review of the company.

An ICA spokesperson has confirmed that the company will be winding down new acquisitions for ICA Films, its commercial distribution arm, although its upcoming releases The Unloved (pictured), out in the UK on February 19, and The Ape, out on March 12, will not be affected, but there are no further films in the pipeline.

The Institute of Contemporary Arts or ICA, founded in 1946, has long been an important cultural hub in London. The ICA has supported and championed independent film-making since its inception and has had a permanent cinema space since 1968.

The ICA spokesperson said that cinema will remain an important part of the ICA’s overall activities but the number of daily screenings will be reduced.

It is not clear if there will be job cuts or to say if the ICA’s exit from distribution is a temporary or permanent move.

“David Cox continues his role as ICA cinema programmer and our commitment to supporting and presenting independent world cinema remains resolute,” the spokesperson said.

ICA’s recent releases include Blind Loves, Delta, Chevolution, Died Young Stayed Pretty, Disgrace, Echoes Of Home and OSS17: Lost In Rio.