Overview

• Curzon, a renowned British arthouse cinema chain with 16 locations, was sold to Fortress Investment Group after a foreclosure auction.
• Charles Cohen, the former owner, defaulted on a $534 million loan, leading to the sale of Curzon and other assets.
• The acquisition includes Curzon's film distribution arm and its streaming service, Curzon Home Cinema.
• Fortress plans to support Curzon's expansion and maintain its tradition of showcasing independent and international films.
• Curzon's streaming service, launched in 2010, now reaches 6.5 million households, enhancing its digital footprint.