Curzon Cinema Chain Acquired by Fortress in U.K. Arthouse Deal
variety.comNaman Ramachandran Fortress Investment Group has bought British arthouse exhibitor and distributor Curzon in a deal that it claims will secure the company’s future across exhibition, distribution and streaming.
The acquisition, announced Tuesday, marks the second in under five years for Curzon, with the Cohen Media Group having bought the company in late 2019.
Financial details of the new deal weren’t disclosed, but encompass Curzon’s 16-location theatrical footprint with 46 screens across the U.K., alongside its distribution arm Curzon Film and the Curzon Home Cinema streaming platform.
The company said that the move secures positions for Curzon’s 350-plus workforce. The venerable British outfit, which dates back to 1934, has been expanding its theatrical presence in recent years, launching new venues in Hoxton, Camden, Kingston-upon-Thames and Canterbury.
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