Axium International closes up shop


Axium International, the industry's largest payroll services providers as well as a source for production and gap financing, has closed its doors indefinitely.

The company's home office on Wilshire Boulevard as well offices in Burbank, New York, Vancouver, Toronto and London are quiet, with employees told via e-mail not to show up to work starting Tuesday.

Sources said that company president Ruben Rodriguez was no longer with the firm.

Speculation was running rampant Tuesday as to the cause of the sudden shuttering, though one source said the Internal Revenue Service was involved. The IRS did not comment.

"Unless they were involved in other businesses that were tanking, this is very odd," said an indie film insider.