Curzon confirms interest in buying rival UK chain Picturehouse Cinemas (exclusive)
UK arthouse cinema chain Curzon, owned by the US-based Cohen Media Group, is understood to be interested in acquiring Picturehouse Cinemas from present owner Cineworld or from whomever may buy the financially beleaguered company whose assets are up for sale.
Picturehouse “would be a great addition to Curzon,” Curzon CEO Philip Knatchbull told Screen this week, when asked if Curzon was in the mix to buy the rival boutique chain.
“Anyone of any sensible nature who believes in cinema can see that the advantage of having Picturehouse Cinemas as part of their group is that, outside Cineworld, [Picturehouse] will be able to go back to being more independent and more entrepreneurial in the way they approach their marketing. I am sure there are many other people who think Picturehouse will be a great capture.”
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