feet, but grew to 7,000 square feet in 1996 and would expand further to 10,000 square feet in January 2000. Through its history, the company has employed numerous figures in the video retail industry like Steven Kramer, Peter Castro, and Tom Reilly. In 2003, John Davis, Allen Rosenberg, and Stacey Santos were hired as account executives. Financial problems On May 26, 2006, Central Park Media laid off many of its employees, and rumors erupted that the company was planning to declare bankruptcy, supported by a statement from a representative at the convention Anime Boston. The following Monday, the company's managing director issued a statement acknowledging the lay-offs and attributing the cost-cutting to creditor problems following the January bankruptcy of the Musicland group. The previous year, in 2005, CPM had discontinued its CPM Manga and CPM Manhwa line, also due to monetary problems. But CPM representatives have said that they had relaunched their manga and manhwa lines in January 2006. On March 19, 2007, Japanese yaoi publisher Libre posted a notice on its website saying that CPM's Be Beautiful division was illegally translating and selling its properties. The titles in question were originally licensed to CPM by Japanese publisher Biblos, which was bought out by Libre in 2006 after a bankruptcy. Bankruptcy and liquidation Central Park Media filed for Chapter 7 bankruptcy on April 27, 2009, and liquidated with a debt of over US$1.2 million. Officially, the company had plans to re-release some older titles in the future. Right up until their bankruptcy, CPM still licensed their anime titles for North American television and VOD distribution, despite having not released anything on home video for over a year. Many of their titles have been shown on the Sci-Fi Channel, as well as Anime Selects, AZN Television and the Funimation Channel, and were available through iTunes. Some of their titles were also re-licensed by various anime companies, such as ADV Films, Bandai Entertainment, Funimation, Sentai Filmworks, Discotek Media, Nozomi Entertainment, and Media Blasters, and were re-released from 2004 into the present day. Some of their titles were either re-dubbed, such as Here Is Greenwood and Area 88 by Media Blasters and ADV Films, respectively, or have retained the original dub. Grave of the Fireflies was later re-licensed by ADV's successor Sentai Filmworks and was re-released in 2012. Its website became offline permanently after its closure. The centralparkmedia.com domain was eventually transferred to