Editors’ Note: With full acknowledgment of the big-picture implications of a pandemic that has already claimed thousands of lives, cratered global economies and closed international borders, Deadli…
, the UK cinema chain that also operates a distribution business and VOD service, Curzon Home Cinema. It was an auspicious start to 2020 for Curzon, with its release of the Oscar-winningbecoming the highest-grossing foreign-language film in UK box office history, topping out at close to $15M. That followed news two days before Christmas that billionaire Charles Cohen had acquired the company.
Knatchbull said two days after cinemas shut that the company was in a position to avoid any redundancies for a period of three months, a promise that contrasted with UK multiplex giant Cineworld laying off many of its zero hours staff in a sweeping move . Instead, Curzon staff have taken a short-term pay-cut, and Knatchbull says the government’s policy makes the business sustainable for the foreseeable.
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