Overview
- At a Venice press conference, Jim Jarmusch said he raised the investor issue with Mubi and noted his agreements with the company were signed before the Sequoia deal.
- He described corporate money as inherently compromised and urged that accountability for investor ties rest with companies rather than artists.
- Mubi accepted a $100 million investment from Sequoia Capital earlier this year, with reporting highlighting portfolio stakes in firms including Kela Technologies.
- Mubi founder and CEO Efe Cakarel has said he is in deep reflection, condemned harm to civilians, and stated the company is exploring actions consistent with its values.
- The exchange came as large pro‑Palestinian protests were held on the Lido and as Jarmusch’s Mubi-backed film premiered in competition, with a U.S. release set for December 24.