British arthouse theater chain Curzon has been bought by Cohen Media Group in a deal that also includes Curzon’s distribution arm and its streaming service. The purchase adds 20 cinemas and 46 screens to the stable of Cohen Media Group, which almost exactly a year ago acquired Landmark Theatres in the U.S.
Financial details of the Curzon deal were not disclosed. But it spells the end of the involvement of the Wingate family in the chain, 85 years after Harold Wingate founded the Mayfair cinema in London to screen imported films. Charles Cohen, the owner and chairman of Cohen Media Group, assumes the role of chairman of Curzon, replacing Roger Wingate. CEO Philip Knatchbull will remain in post.
“Among exhibitors and distributors of great films, there are few names in the international marketplace as important as Curzon and Curzon’s Artificial Eye,” its distribution arm, Cohen said. “We are thrilled to unite with this honored brand, and I look forward to working with Philip and Curzon’s highly experienced senior management team. Together, we will carry forward the Curzon brand with plans to expand it in a thoughtful and measured way.”
Source: Cohen Media Group Buys British Arthouse Theater Chain Curzon Cinemas – Variety